Latest news with #ChongTzeSheng
The Star
4 days ago
- Health
- The Star
DC Healthcare opens latest Dr Chong Clinic in JB
KUALA LUMPUR: Medical aesthetic services provider DC Healthcare Holdings Bhd has opened its newest Dr Chong Clinic in Pelangi, Johor Bahru, in line with its expansion plans across the country. With the latest opening, DC Healthcare operates 21 Dr Chong Clinics as well as five Dr Chong Skin and Slimming outlets in Malaysia. "The launch of our Pelangi outlet is in line with our goal of making professional aesthetic care more accessible across key regions in Malaysia. "We believe Johor Bahru holds tremendous potential for the continued growth of medical wellness, and this outlet allows us to better serve both local and cross-border clientele. "This branch is also strategically positioned to attract Singaporeans and contribute to the development of medical tourism in Johor," said managing director Dr Chong Tze Sheng in a statement.
New Straits Times
21-05-2025
- Business
- New Straits Times
DC Healthcare narrows losses, posts higher revenue in Q1
KUALA LUMPUR: DC Healthcare Holdings Bhd's net loss narrowed to RM839,000 in the first quarter ended March 31, 2025 (1QFY25) from a net loss of RM7.9 million a year earlier. This is supported by a higher gross profit of RM9 million, a significant increase from RM1.22 million last year. Its revenue jumped 89 per cent to RM17.9 during the period from RM9.45 million previously, driven by higher redemption rates for aesthetic services and improved cash sales collection due to strong consumer interest in aesthetic treatments and expanding service capacity. The aesthetic segment contributed RM14.86 million or 83 per cent of total revenue, representing a 104 per cent increase from RM7.27 million in a year ago. Featured Videos Managing director Dr Chong Tze Sheng said the improvement reflects the company's dedication to enhancing treatment offerings, improving operational execution and expanding market access. "DC Healthcare remains focused on delivering sustainable growth through several strategic pillars. "The company is strengthening its brand ecosystem by integrating Dr Chong Clinic, Dr Chong Slimming and NewB Premium Skincare, while broadening its skincare product portfolio to capture a larger share of the aesthetic and wellness market," he said in a statement. DC Healthcare is also enhancing patient engagement by introducing artificial intelligence-assisted skin analysis and personalised treatment plans, aimed at optimising treatment outcomes, improving service quality, and driving customer retention.
The Star
21-05-2025
- Business
- The Star
DC Healthcare narrows loss, revenue rises 89% in 1Q25
DC Healthcare managing director Dr. Chong Tze Sheng KUALA LUMPUR: DC Healthcare Holdings Bhd remains focused on delivering sustainable growth through several strategic pillars. 'The group is strengthening its brand ecosystem by integrating Dr. Chong Clinic, Dr. Chong Slimming, and NewB Premium Skincare, while broadening its skincare product portfolio to capture a larger share of the aesthetic and wellness market,' it said in a statement. The medical aesthetic services provider said operational efficiency remains a core priority, with a group-wide efficiency programme and the upcoming enterprise resource planning system set to optimise inventory control, resource allocation, and data-driven decisions. 'With these initiatives in place, DC Healthcare is well-positioned to capitalise on Malaysia's growing aesthetic and wellness market and reinforce its leadership in the industry,' it said. DC Healthcare's net loss narrowed to RM839,000, or 0.08 sen loss per share, compared with a loss of RM7.9mil, or 0.79 sen per share, in the same quarter last year. Revenue for the quarter surged 89% to RM17.9mil from RM9.4mil previously. The higher revenue was driven by higher redemption rates for aesthetic services and improved cash sales collection, supported by strong consumer interest in aesthetic treatments and expanding service capacity. "We are encouraged by the strong start to FY2025, with revenue and gross profit showing meaningful improvement. This growth is a reflection of our team's dedication to enhancing treatment offerings, improving operational execution, and expanding market access. 'We will continue to prioritise cost discipline and strategic brand positioning to navigate evolving market conditions,' managing director Dr. Chong Tze Sheng said.
