Livingstone Health back in the black, logs H2 profit of S$0.4 million from streamlining efforts, higher revenue

Livingstone Health Holdings Limited reported a net profit of S$0.4 million for H2, reversing a loss of S$2.9 million from the previous year, driven by streamlining efforts and increased revenue. H2 revenue rose 17.9% to S$14.2 million. Full-year net profit reached S$0.6 million, with revenue growing 9% to S$27.6 million. The company improved efficiency by reducing employee benefits and operating expenses, while also recovering bad debts. Livingstone aims to expand its primary healthcare segment and attract more international patients. Shares fell 8.7% to S$0.021.