A.M Aesthetics: One of The Largest SGX-Listed Aesthetic Company Generated Revenue of S$6.6 million in HY2023, a 24.5% Increase Compared to HY2022

SINGAPORE – Media OutReach – 23 February 2023 – A.M Aesthetics is a one-stop aesthetic clinic and one of the largest SGX listed aesthetic clinic (subsidiaries of Accrelist Ltd) that provides a broad range of facial treatments and aesthetic medicine for Asian skin conditions. In the six months financial period ended 30 September 2022 (“HY2023”), the revenue increased by 24.5%, or S$1.3 million, from $5.3 million when compared to corresponding period (“HY2022”). The increase was largely due to the expansion of the current medical aesthetic outlets to larger units with enhanced marketing and previously launched two aesthetic clinic outlets in Singapore. Gross profit margins have also improved by 26.4%, from 50.8% to 77.2% in HY2022 and HY2023, respectively.