Zhicheng Finance APP News,$Republic Healthcare (08357.HK)$The group announced its performance for the first nine months ending on September 30, 2022, with revenue of SGD 6.4567 million, a decrease of 37.76% year-on-year; the loss attributable to owners of the company was SGD 1.1784 million, an increase of 34.82% year-on-year; and the loss per share was SGD 0.19.

The announcement stated that the decline in revenue was mainly due to the closure of all service types of the four general medical centers (Orchard, Siglap, Sommeil and River Valley House) due to insufficient doctors. In addition, as announced on February 15 and February 28, 2022, two businesses (S Aesthetics Clinic Pte Ltd and DTAP Express Pte Ltd) were sold to enable the group to stop subsidizing bad businesses and concentrate resources on seeking development opportunities for other existing group businesses.