HYGIEIA GROUP (01650) issued a profit warning, expecting a substantial year-on-year decrease of over 35% in mid-term profits.

date
22:27 18/08/2026
avatar
GMT Eight
HYGIEIA GROUP (01650) announced that the company expects its profit for the six months ending June 30, 2026, to decrease significantly by over 35% compared to the same period in 2025. This decrease is mainly due to a reduction in government subsidies from the Singapore government for employment assistance and an increase in labor-related expenses.
HYGIEIA GROUP (01650) announced that the company expects the group's profit for the six months ending June 30, 2026, to decrease significantly by over 35% compared to the same period in 2025. This decrease is primarily due to the reduction in government subsidies received from the Singapore government for employment assistance and an increase in labor-related expenses.