Private nursing home operator Econ Healthcare reported an 8.0% YoY higher profit after taxation and minority interests from continuing operations of $6.3m in FY24.Revenue for the period also improved, rising 18.1% YoY to $50.8m, buoyed by the Singapore market.The company’s earnings before interest, taxes, depreciation and amortisation declined 2.9% YoY to $16.41m, whilst other income fell 19.8% YoY to $6.97m.
Econ Healthcare attributed its lower other income to a decrease in funding for ECON Care Residences , jobs growth incentive grants of $0.1m, staff accommodation grants of $0.1m, workforce development grants of $0.1m, and grants on healthcare hiring in advance initiatives of $0.3m....there are many ways you can work with us to advertise your company and connect to your customers.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.4. Banks, utilities top Morgan Stanley's top stocks in SingaporeDelfi’s earnings drop 8.5% YoY as sales slump to $150.