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Alpha is doubling down on expansion. Earnings should improve in the second half once the start-up expenses taper off and the new IVF centres start contributing
Alpha IVF reported a net profit of RM12 million, down about 20.5% from RM15.1 million last year, while revenue climbed 9.4% to RM47.3 million. The dip in profit was mainly due to pre-operational costs from its ongoing expansion. Still, the company is declaring a first interim dividend of half a sen per share