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Raffles Medical posts 128.7% surge in 1H2021 earnings; expects to be more profitable this year

Amala Balakrishner
Amala Balakrishner7/26/2021 7:55 AM GMT+08  • 4 min read
Raffles Medical posts 128.7% surge in 1H2021 earnings; expects to be more profitable this year
Earnings of healthcare provider Raffles Medical Group surged by 128.7% to $39.4 million for 1HFY2021 ended June
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Picture of Dr. Loo Choon Yong: Albert Chua/The Edge Singapore

Earnings of healthcare provider Raffles Medical Group surged by 128.7% to $39.4 million for 1HFY2021 ended June, from $17.2 million in the year before thanks to stronger revenue growth.

This translates to earnings per share (EPS) of 2.11 cents on a fully diluted basis, up 124.5% from the 0.94 cents seen in 1HFY2020.

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