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).
Earnings per share slipped to 0.79 cents in 2Q19, from 0.95 cents for 2Q18.
The Chongqing outpost generated a $2.3 million loss at the earnings before interest, taxes, depreciation and amortisation (EBITDA) level.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
