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Other income
12 Months Ended
Jun. 30, 2025
Other Income  
Other income

 

5. Other income

 

   2025   2025   2024 
   US$   S$   S$ 
             
Government grant   59,003    75,046    19,600 
Interest income   65,466    83,267    - 
Service income   27,518    35,000    - 
Rental income   123,469    157,040    - 
Other income   591,124    751,850    385,688 
Reversal of ECL   -    -    55,741 
Other income   866,580    1,102,203    461,029 

 

Other income pertains to the reversal of long-outstanding payables which are no longer considered due. The reversal was made after confirming that no obligation remains, as no claims or demands have been received from the creditors.

 

 

Basel Medical Group Ltd. and its Subsidiaries

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

For year ended June 30, 2025 and 2024