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Home / Capital / Results

Raffles Medical posts 16% drop in 2Q earnings to $14.2 mil amid birthing pains from Chongqing branch

Results

Raffles Medical posts 16% drop in 2Q earnings to $14.2 mil amid birthing pains from Chongqing branch

Benjamin Cher Published on Mon, Jul 29, 2019 / 11:59 AM GMT+8

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SINGAPORE (July 29): Raffles Medical Group saw its earnings fall 15.6% to $14.2 million for the 2Q19 ended June 30, from $16.9 million a year ago, mainly due to gestation losses for Raffles Hospital Chongqing (RHCQ).

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