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Singapore O&G Ltd’s Strong Track Record In Growing Its Business In The Last Few Years

Singapore O&G Ltd  (SGX: 1D8) is a healthcare company that was listed in June 2015. The company operates mainly in three segments, namely, Obstetrics and Gynaecology, Cancer-related and Dermatology.

One of the things that I like to do when analysing a company is to study its track record. The past is no guarantee of the future. But historical information is the most reliable thing that we can use as our basis to forecast what lies ahead.

And this brings me to this article, which is to have a quick overview of Singapore O&G’s historical business growth. The table below is a snapshot of the company’s important financial metrics from FY2013 (financial year ended 31 December 2013) to FY2017:

Source: Singapore O&G’s 2017 Annual Report

Here are a few points worth noting:

1) First of all, revenue increased from S$8.6 million to S$29.9 million, up by 247.7% during the period. This translates to an annualised growth rate of 36.6%.

2) Secondly, profit from operation grew from S$3.7 million in FY2013 to S$9.9 million in FY2017, up by 167.6% during the period or a growth of 27.9% annually. Similarly, net profit climbed from S$3.1 million to S$8.5 million, up by 174% during the time frame.

3) Last but not the least, total dividend has grown from S$1.5 million in FY2014 to S$7.2 million in FY2017, up by 380% during the period.

In sum, Singapore O&G delivered strong growth in revenue, net profit and dividend in the last couple of years.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Lawrence Nga doesn’t own shares in any companies mentioned. Motley Fool has a recommendation for Singapore O&G Ltd.