Econ Healthcare declares 0.23 cents of interim dividend per share | Healthcare Asia Magazine
, Singapore

Econ Healthcare declares 0.23 cents of interim dividend per share

The nursing home operator also reported cash equivalents of $22.7m.

Singapore’s private nursing home operator, Econ Healthcare, posted 0.23 cents of interim dividend per share, with $22.7m  cash and cash equivalents.

In a financial statement, Econ Healthcare also achieved a 17.0% growth in revenue to S$24.8m for the financial period ended 30 September 2023 compared to S$21.2m same period last year.

The financial performance was mainly due to a S$3.6m increase in revenue from the contribution of the Medicare centres and nursing homes across the Group’s three markets. 

The global demand for elder care services is seen to rise as the ageing population grows and healthcare needs evolve.

Econ Healthcare said it will implement effective measures to manage costs and risk and explore new business opportunities that add value to our range of services.

Join Healthcare Asia Magazine community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Hospital infection therapeutics market eyes 5.27% CAGR growth until 2028
It is expected to grow by $3.46b amidst the increasing prevalence of HAIs within the forecast period.
ADB approves $170m loan to strengthen India’s health systems
The initiative is in support of the government’s National Health Policy 2017 to provide quality healthcare to all.