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Better prospects expected for Raffles Medical Group in FY2021: analysts

Amala Balakrishner
Amala Balakrishner3/2/2021 11:38 PM GMT+08  • 4 min read
Better prospects expected for Raffles Medical Group in FY2021: analysts
Analysts expect FY2021 to bring Raffles Medical Group “some normalisation”.
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Analysts are upbeat on the prospects of healthcare services provider Raffles Medical Group for they expect FY2021 ending in December to bring it “some normalisation”.

In its recent results for FY2020, the group reported earnings of $65.9 million, up 9.3% y-o-y thanks to its provision of new services such as the Covid-19 Polymerase Chain Reaction (PCR) and serology testing.

See: Raffles Medical Group posts 9.3% higher FY20 earnings of $65.9 mil thanks to new services such as PCR testing

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