Republic Healthcare Limited provided earnings guidance for the three months ended 31 March 2021. The Group is expected to record a decrease in profit of over 90% for the three months ended 31 March 2021 as compared to the net profit for the three months ended 31 March 2020 of SGD 95,000. Based on the preliminary review of the Group's unaudited consolidated management accounts for the three months ended 31 March 2021, barring unforeseen circumstances, the Board expected that the lower net profit mainly attributable (i) an increase of over 8% employees benefit expenses as part of efforts to retaining and attracting talents due to expansion plan; and (ii) an increase of over 69% in other operating expenses which comprise of a higher marketing expenditures mainly due to more promotional campaigns to drive revenue as well as rising expenses arising from an increase in the number of general practice clinics (increased by 3 from 7 clinics).