Meta Health (SGX:5DX) swung to an attributable loss of SG$285,000 in the second quarter of the year, against an attributable profit of SG$641,000 a year earlier, according to a Thursday filing with the Singapore Exchange.
Loss per share came in at SG$0.0003 compared with earnings per share of SG$0.0006 in the comparable period.
Revenue jumped more than 100% year over year to SG$354,000 from SG$43,000, mainly due to revenue contributions from a newly acquired health screening center.
Shares of the company were down nearly 17% at market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.