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Raffles Medical Group sees 51.3% surge in 1HFY2022 earnings of $59.7 mil

Felicia Tan
Felicia Tan8/1/2022 08:40 AM GMT+08  • 3 min read
Raffles Medical Group sees 51.3% surge in 1HFY2022 earnings of $59.7 mil
RMG's Raffles Hospital. Photo: The Edge Singapore
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Raffles Medical Group (RMG) has reported earnings of $59.7 million for the 1HFY2022 ended June, 51.3% higher than earnings of $39.4 million in the same period the year before.

Earnings per share (EPS) stood 51.2% higher at 3.19 cents for the 1HFY2022 on a fully diluted basis.

Revenue for the half-year period increased by 11.2% y-o-y to $382.3 million. This was attributable to the higher revenue from the healthcare division, which increased on the back of higher local and foreign patients seeking treatment in Singapore.

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