Singapore Paincare Holdings expects loss for FY2025

In unaudited accounts, the firm cited losses from revenue decline and increased expenses.

Singapore Paincare Holdings Ltd. is expected to record a net loss in FY2025 based on the company’s unaudited consolidated accounts for the year ended 30 June 2025, it said in a bourse filing.

Singapore Paincare Holdings cited its financial loss on the impairment of goodwill, share of losses of a joint venture and associates, underperformance of clinics, declines in revenues, increased operating expenses, employee benefits, and impairment loss on plant and equipment, it added.

The company said that it is finalising its unaudited results for FY2025 and expects to release them no later than 28 October.

Company shareholders are advised to exercise caution when dealing in the securities of the company.