Zitong Financial App News$Republic Healthcare (08357.HK)$According to the results for the nine months ended September 30, 2022, the group earned S $6.4567 million, down 37.76% from a year earlier; the loss attributable to the company's owners was S $1.1784 million, up 34.82% from a year earlier; and a loss of 0.19 Singapore cents per share.

According to the announcement, the decrease in revenue was mainly due to a significant drop in revenue from all types of services due to the closure of four general practice centres, namely Orchard, Schiffner, Somerset and Raffles place, due to a shortage of doctors. In addition, as announced on 15 February 2022 and 28 February 2022, two businesses, namely S Aesthetics Clinic Pte Ltd and DTAP Express Pte Ltd, are sold so that the Group does not need to subsidize bad business and focus its resources on seeking development opportunities for other existing businesses of the Group.