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Cordlife H1 loss narrows to S$4.6 million

By Swedan Margen

Cordlife H1 loss narrows to S$4.6 million

Cordlife on Friday (Aug 15) posted a net loss of S$4.6 million for its first half ended Jun 30, 2025, trimming its losses from S$12.4 million in the year-ago period.

In tandem, its loss per share narrowed to S$0.018, compared with S$0.0482 previously.

Revenue surged 108.8 per cent to S$19.2 million, from S$9.2 million in H1 2024.

Cost of sales rose 5.8 per cent to S$8.2 million from S$7.8 million.

The cord-blood bank did not declare any dividend for the six months, unchanged from the year before.

Shares of Cordlife finished Thursday flat at S$0.20.

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Cordlife H1 loss narrows to S$4.6 million - Cosmopolitan Canada