Thomson Medical Group Ltd. (SG:A50) has released an update.
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Thomson Medical Group Ltd. has seen a decline in profits from its Singapore operations, dropping from $60.2 million in FY2023 to $28.6 million in FY2024, largely due to the end of certain project-related services. However, the company has successfully offset this decline through increased contributions from its Vietnam operations, suggesting a positive outlook if Singapore’s revenue holds steady.
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