Meta Health Swings to Loss in Q2; Shares Sink 17%

MT Newswires
08/07

Meta Health (SGX:5DX) swung to an attributable loss of SG$285,000 in the second quarter of the year, against an attributable profit of SG$641,000 a year earlier, according to a Thursday filing with the Singapore Exchange.

Loss per share came in at SG$0.0003 compared with earnings per share of SG$0.0006 in the comparable period.

Revenue jumped more than 100% year over year to SG$354,000 from SG$43,000, mainly due to revenue contributions from a newly acquired health screening center.

Shares of the company were down nearly 17% at market close.

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