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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   60,510    76,962    19,600 
Interest income   63,959    81,350    - 
Service income   27,518    35,000    - 
Other income   1,225,864    1,559,177    385,688 
Reversal of ECL   -    -    55,741 
Other income   1,377,851    1,752,489    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