Raffles Medial Group (RMG)

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Raffles Medical posts 14.1% drop in FY2019 earnings, but looks for novel measures to cope with Covid-19

SINGAPORE (Feb 24): Raffles Medical Group has posted a 14.1% drop in earnings to $58.1 million for FY2019 ended 31 December, from $67.7 million a year ago due to the start-up costs it incurred from

HEALTHCARE

Ageing trend supports spending, but earnings of stocks dip on costs

SINGAPORE (Dec 20): Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are more likely to contract a chronic

Results

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

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 Hospita

Results

Raffles Medical Group posts 13.7% lower 1Q earnings of $13.65 mil on gestation loss from Chongqing hospital

SINGAPORE (April 29): Raffles Medical Group (RMG) has announced earnings of $13.65 million for the 1Q ended March, down 13.7% y-o-y from $15.8 million on start-up costs for Raffles Hospital Chongqi

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