International Healthway Corp. said it expects to report a net loss for the first two quarters of the current financial year.
The healthcare services provider sees losses each of the first quarter ended March 31 and the second quarter ended June 30, it said in a statement released after market hours on Monday.
The loss is mainly attributable to operating loss for first quarter and impairment of certain receivables for second quarter, the company said.
International Healthway will report its financial results on or before July 31.
Shares in the company rose 3.2 percent to S$0.098 on the Singapore Exchange.