Five best-yielding healthcare stocks average 5% dividend yield
ISEC Healthcare Eyes Regional Opportunities
For the second quarter ended 30 June 2018, ISEC Healthcare reported a 16% YoY increasein net profit to S$2.27 million, while revenue gained 13% to S$10.4 million.
The Group said it continues to seek suitable opportunities to penetrate markets in China, Indonesia,Myanmar and Vietnam, while strengthening its existing presence in the core markets of Singapore and Malaysia. It will also continue to pursue investment opportunities which are in line with the Group's
business strategies as and when they arise.
Age-related eye diseases and conditions apparent in ageing populations, rising income levels, as well as increasing private insurance coverage will boost patients' propensity in seeking timely and private medical treatment.
With these trends in mind, the Group remains positive regarding prospects in the healthcare industry in Singapore and the region, despite challenges and stiff competition in the industry, it added in its results statement.
Note:
Above article from Investor-One under the caption of Five best yielding healthcare stocks average 5% dividend yield.
In the same article you see a short write up on Singapore O& G.
As can be seen from the above, the revenue has gone up from S$26.7 mil to
S$37.0 mil, an improvement of 38,5% while profit has jumped from S$2.8 mil
to S$7.9 mil a fantastic improvement of 186.5%
Last edit: 5 years 10 months ago by josephyeo. Reason: spacings