Camsing Healthcare (SGX:BAC) said e-commerce accounted for about 30% of its revenue for the fiscal year ended Jan. 31, according to a Friday filing responding to queries from the Securities Investors Association (Singapore).

Outlining its turnaround strategy ahead of its annual general meeting, the company said it has closed loss-making physical outlets to expand its online footprint, redirecting most customers to digital channels or its remaining stores.

It added that it remained focused on cost management, supply chain efficiency and inventory turnover, and was cautiously optimistic about improving performance.

In response to questions about its funding plans, the healthcare company said it was exploring new revenue streams and remained open to fundraising, but declined to provide details of its business strategy, citing commercial sensitivity. It also said there was no current plan to capitalize shareholder advances.