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Raffles Medical's Q1 profit up 3.7%

Revenue climbs 23%, driven by healthcare and hospital services divisions

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Published Mon, Apr 25, 2016 · 09:50 PM

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    Raffles Medical Group

    Singapore

    LIFTED by strong revenue growth, private healthcare provider Raffles Medical Group's net profit for the first quarter rose 3.7 per cent year-on-year to S$15.5 million.

    The profit attributable to equity-holders for the three months ended March 31, 2016, translated to earnings per share of 2.7 Singapore cents, up from 2.65 cents a year ago. Group net asset value per share as at March 31 was S$1.0761.

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