Thomson Medical Group Reports Revenue Growth in Vietnam Amid Economic Challenges
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Thomson Medical Group Ltd. reported a revenue increase in its Vietnamese operations, with Far East Medical Vietnam Limited's revenue rising from $50 million in FY2024 to $98 million in FY2025. However, net profit slightly decreased due to higher operating costs and macroeconomic challenges, including tariffs. The company also recorded a $75 million impairment loss on goodwill. Despite these challenges, demand for private healthcare in Vietnam remains strong, particularly for FV Hospital. Thomson Medical Group is based in Singapore and focuses on quality private healthcare services.
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