Healthcare continues to progress well, with government project SafeTravelPass COVID19 entry-registration, payment and management of Quarantine-Station and government services contributing positively in current financial year. COVID-19 tests partnership with government is looking at positive return in coming quarter after much capital investment in last two (2) quarters, in view of taking part of mass screening assignment engaged with government health facilities. Government project capital investment continue to weight on current quarter which is normal for concession early investment. The Group other healthcare segment is expanding on capacity resulted in further cost. The healthcare segment had experienced lower margin and recent success in contracts shall expect to contribute to bottom line in coming quarter.
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BERHAD
2021-06-30 19:57 | Report Abuse
Healthcare continues to progress well, with government project SafeTravelPass COVID19 entry-registration, payment and management of Quarantine-Station and government
services contributing positively in current financial year. COVID-19 tests partnership
with government is looking at positive return in coming quarter after much capital
investment in last two (2) quarters, in view of taking part of mass screening assignment
engaged with government health facilities. Government project capital investment
continue to weight on current quarter which is normal for concession early investment.
The Group other healthcare segment is expanding on capacity resulted in further cost.
The healthcare segment had experienced lower margin and recent success in contracts
shall expect to contribute to bottom line in coming quarter.