AsiaMedic issues profit warning for full-year results

Healthcare provider AsiaMedic said it expects a loss for FY2017 due to a decrease in revenue of its imaging business and non-recognition of deferred tax assets.
Healthcare provider AsiaMedic said it expects a loss for FY2017 due to a decrease in revenue of its imaging business and non-recognition of deferred tax assets. PHOTO: ASIAMEDIC

SINGAPORE - Catalist-listed healthcare provider AsiaMedic issued a profit warning on Thursday (Feb 15) for its full year results ended Dec 31, 2017.

It expects a loss for FY2017 due to a decrease in revenue of its imaging business and non-recognition of deferred tax assets, it said in a statement after the market closed.

The group will disclose further details in its FY2017 results release.

AsiaMedic's counter finished at six Singapore cents, down 0.5 Singapore cent or 7.69 per cent.