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[SG] 3 Growth Stocks With More Room To Run
By SmallCapAsia  •  April 1, 2021
#2 Thomson Medical Group Limited Thomson Medical is one of the largest private providers of healthcare services for women and children in Singapore. It owns and operates the iconic Thomson Medical Centre and a network of specialist medical clinics and facilities providing outpatient women and children healthcare services etc. As of its latest half-yearly report, Thomson Medical’s revenue decreased by 1.3% to $116.6 million. Its net profit turned positive and came in at $127.6 million. Its free cash flow came in at $11.9 million. As a result, cash balance of the company increased to $107.9 million. Thomson’s stock price last closed at $0.110 and it started off 2021 with share price of $0.0510. This translates to a big jump of 115%! COVID has presented the medical industry as a whole new form of revenue as new products and services are needed. Thomson medical with its sprawling operations are definitely...
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By SmallCapAsia
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