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Raffles Medical Group's FY2016 earnings edge up to S$70.2m

Revenue rises 15.4% on higher patient load from expanding clinic network, contributions from MCH

Revenue from the group's hospital services went up 6.3 per cent.


HIGHER expenses driven by its expansion weighed down on Raffles Medical Group's full-year earnings, which rose slightly even as revenue grew by double digits.

Net profit for FY2016 edged up 1.3 per cent from FY2015 to S$70.2 million, weighed down by higher consumption of...

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