Medi Lifestyle's Loss Shrinks 21% in Q1; Shares Plunge 10%

MT Newswires

05/12

Med Lifestyle (SGX:Z4D) narrowed its attributable loss to owners by 21% in the first quarter of the year to 699,000 ringgit from 881,000 ringgit a year earlier, according to a Monday filing with the Singapore Exchange.

Shares of the health services company slumped over 10% in late-morning trade on Tuesday.

Loss per share came in at 0.0018 ringgit compared with 0.0054 ringgit in the year-ago period.

Revenue dropped 93% year over year to 251,000 ringgit from 3.3 million ringgit.

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