Back 23 May 2025

Livingstone Health Holdings Soars to Profit: FY2025 Sees Anticipated Net Gain Driven by Revenue Growth and Strategic Cost Control

Link: https://links.sgx.com/1.0.0/corporate-announcements/YA9XBZJBEEMULRTY/6ab21d3d460fef48eb2c22f48e0fcb6777bc695762fd9fab87e1e55d70095b74

Summary:

  • Livingstone Health Holdings Limited (LSH) anticipates reporting a net profit for the financial year ended 31 March 2025 (FY2025).
  • This marks a significant financial turnaround for the Group, which recorded a net loss of approximately S$2.9 million in the preceding financial year (FY2024).
  • The expected return to profitability is primarily attributed to an increase in the Group's revenue and other income streams.
  • Effective cost control measures implemented by the Group also played a crucial role in contributing to the anticipated positive financial performance.
  • More comprehensive details regarding LSH's full FY2025 performance will be unveiled in the official Results Announcement, scheduled for release on or before 30 May 2025.