Singapore Paincare sinks to net loss on rising staff expenses

The group posted a $47,000 net loss in HY2026, reversing last year’s $781,000 profit.

Singapore Paincare Holdings Limited (SPC) reported a net loss of $47,000 for the six months ended 31 December 2025, compared with a profit after tax of $781,000 in the same period a year earlier, according to its HY2026 results announcement to SGX.

The loss attributable to shareholders was $405,000, reversing the $453,000 profit in HY2025.

Total comprehensive income also fell with revenue for the half-year at $13.58m, slightly down from $13.73m in HY2025.

Expenses included employee benefits of $7.45m, inventories and consumables of $2.82m, and depreciation and amortisation of $1.22m. Finance costs fell to $172,000 from $290,000 a year earlier.

The results were unaudited and prepared under Singapore Financial Reporting Standards (International), the company said, with no forward-looking guidance included.

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Singapore Paincare Holdings Limited

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