Basecare Announces 2021 Annual Results: Overall Increase in Revenue and Gross Profit
HONG KONG, Mar 31, 2022 - (ACN Newswire via SEAPRWire.com) - Suzhou Basecare Medical Corporation Limited ("Basecare" or the "Company", together with its subsidiaries, the "Group", stock code: 2170), an innovative platform of genetic testing solutions for assisted reproduction in China, announced its audited consolidated results for the year ended 31 December 2021 (the "Year").In 2021, the Group's revenue increased by 32.3% YOY to RMB107 million. Gross profit was RMB51.15 million, representing an increase of 84.6% YOY. The consolidated gross margin increased from 34.2% to 47.7%, mainly due to the increases of the gross profit margin in the PGT-A kits from 46.0% to 70.0%. Basecare, a leading provider of third-generation IVF clinical solutions for assisted reproduction in China, has extended its reach beyond the pre-implantation stage to the prenatal and postnatal stages, and has self-developed kits in each stage, making it a company with a genetic test kit pipeline that covers the full reproductive cycle.A leading position in assisted reproductive in China with core technologyBasecare's PGT-A kit is the first third-generation IVF genetic testing kit that has been approved by the Nati...
Parkway owner IHH poised for next growth run
No one doubts the past 18 months have been rough, not just for ordinary folk coping with a pandemic but also those in the medical system who somehow need to keep their own heads and health through all the trauma. IHH Healthcare - which owns hospitals branded as Parkway, Pantai and Fortis - has been in the thick of this battle. After a rough 2020, things are swiftly stabilising at the Singapore-headquartered multinational that operates 80 hospitals across 10 countries. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.
How Mount Alvernia keeps its patients’ bills low
SINGAPORE - Mount Alvernia Hospital has consistently been praised by insurers for charging the lowest among all private hospitals here because it does not see itself as a profit centre. While such a statement may raise the eyebrows of sceptics, the data on hospital bills from the Ministry of Health will show that this is the case: Its bills are usually 30 per cent to 50 per cent lower than the highest bill of other private hospitals for patients with similar illnesses. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.