SINGAPORE (Apr 27): Raffles Medical Group (RMG) has announced earnings of $7.5 million for 1Q2020 ended March, down 45.4% y-o-y from $13.7 million. The losses were mainly attributed to the Covid-19 pandemic, which severely impacted the Group’s China Healthcare Division that oversees Raffles Hospital Chongqing, Raffles China Clinics, and Raffles Medical Hong Kong.

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