Thomson Medical is back on track

Roy Quek, chief executive, Thomson Medical Group

Despite a weak fourth quarter, Thomson Medical Group, Singapore’s second largest healthcare group, has returned to profitability for the year. For the fourth quarter it recorded a loss of S$4.5 million (US$3.3 million) on revenues that were up 7% to S$56.1 million. For the year, it had profits of S$2.2 million on revenues that rose…

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