Alliance Healthcare reports increase in net profit in HY2020

Alliance Healthcare reports increase in net profit in HY2020

13 Feb 2020
  • Net profit attributable to shareholders increased to S$1.6 million in HY2020 compared to S$0.5 million in HY2019
  • The Group recently completed the acquisition of Jaga-Me in January 2020, which will strengthen its digital technology capabilities

Alliance Healthcare Group Limited (SGX: MIJ), an integrated healthcare group leveraging the use of technology to provide an extensive suite of healthcare services primarily in Singapore, has announced its unaudited consolidated financial results for the half year ended 31 December 2019 (“HY2020”).

Executive Chairman and CEO of Alliance Healthcare, Dr Barry Thng Lip Mong (唐立茂) commented, “We are encouraged by the progress made since the Company’s listing on the Catalist board in May 2019. We are committed for Alliance to win through continuous innovation and excellent execution. We will continue to deliver seamless quality healthcare to the patients, providing differentiated and cost-effective healthcare solutions for various medical needs, such as hospitalization, critical illness care, and chronic care. We remain confident of our long-term prospects and will stay vigilant during this COVID19 period to offset any headwinds.”

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