Medi Lifestyle's Attributable Profit Widens in Q3; Shares Down Over 9%

MT Newswires
Nov 14

Medi Lifestyle's (SGX:Z4D) attributable profit to owners widened to 1.1 million ringgit from 458,000 ringgit a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the company plunged over 9% in Friday trading.

Loss per share stood at 0.0065 ringgit compared with 0.0031 ringgit in the comparable period.

Revenue meanwhile, declined 77% year over year to 121,000 ringgit from 522,000 ringgit, mainly due to a 59%decline in outsourced services segment.

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