Shares & Derivatives
Talkmed Half Yearly Financial Result
By Dividend Town  •  October 12, 2016
Half Yearly revenue increased by 4% from $32.09 million (FY2015) to  $33.47 million (FY2016). Other income increased by 36% from $0.19 million (FY2015) to $0.26 million (FY2016) due to interest from fixed deposits & government grants. However operating costs is creeping up very fast, with operating lease expenses up by 54% from $0.47 million (FY2015) to $0.73 million (FY 2016). Other operating expenses increased by 39% from $0.66 million to $0.92 million due to overhead expenses from Stem Med which is a subsidiary of TalkMed which commenced operation in  July 2015. Losses from TalkMed 30 % share of investment in HKIOC continue to increase by a whopping 392% from $0.25 million to $1.25 million. I had sent email to TalkMed to find out when will they expect a breakeven for HKIOC & the major factor which resulted the loss.But to date, I have ......
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By Dividend Town
I started off to grow my money by placing it into Fixed deposits ,buying Unit Trust ,Investment linked Plan ,Equity Linked Notes recommended by financial advisors but ...
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