ISEC Healthcare reports 3Q 2025 revenue growth and continued Malaysia expansion despite net profit dip
Link: https://links.sgx.com/1.0.0/corporate-announcements/DUMIY9UMYP61F7IP/bebf15328afa121060d979abb84bae28edaeb0a2f726006f30828a0e02b2c1f9
Summary:
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3Q 2025 revenue increased 9% YoY to $20.7 million, driven by higher patient visits and expanded specialised health services in Malaysia.
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Net profit for the quarter was $3.9 million, down 9% versus 3Q 2024 due to lower foreign exchange gains and higher administrative expenses.
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Gross profit rose 11% YoY, with margins improving to 43.9%.
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Nine-month revenue up 8% to $58.5 million; net profit marginally declined 2% from prior year.
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Administrative expenses increased due to new and expanded centres and higher staff costs.
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Construction progress for new Kuala Lumpur centre on track, with operations expected to commence by 2027.
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Myanmar operations remain operational and profitable, despite local political uncertainties.
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Group continues to pursue growth opportunities in Vietnam and Myanmar, alongside established Singapore and Malaysia markets.