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Raffles Medical net profit up 49% at $84.9m

Jump attributed to higher revenue, gain on sale of subsidiary

RAFFLES Medical Group's (RMG) net profit for the 12 months ended Dec 31, 2013 surged 49.3 per cent to $84.89 million, boosted by higher revenue and a gain on disposal of a subsidiary. Revenue increased 9.4 per cent to $340.99 million as revenue from its hospital services and its healthcare

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