REPUBLIC HC issues profit warning, expects significant increase in mid-term net loss
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REPUBLIC HC issued a profit warning, expecting a significant increase in net losses for the six months ending June 30, 2025, compared to SGD 1.088 million in the same period of 2024. The main reasons include intensified market competition leading to a decline in revenue, economic uncertainty making patients price-sensitive, increased compliance costs due to revisions in medical regulations, and exchange rate fluctuations causing foreign exchange losses. The group's education and expansion business in the Philippines also faces high operating costs
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