The Business Times
business-time-50

Raffles Medical Q1 profit falls 13.7% on Chongqing hospital startup costs

Fiona Lam

Fiona Lam

Published Mon, Apr 29, 2019 · 09:50 PM
Raffles Medical Group

Singapore

RAFFLES Medical Group on Monday morning reported a 13.7 per cent drop in its first-quarter net profit to S$13.6 million from S$15.8 million a year ago, due to startup costs for Raffles Hospital Chongqing.

The group's revenue for the three months ended March 31 increased 6.7 per cent year on year to S$128.3 million.

raffles medical group

TRENDING NOW

The authors of the paper found that home-purchase intensity near planned MRT stations was higher for civil servants than with a control group of non-civil servants.

PSD reviewing paper that alleges civil servants disproportionately bought homes near unannounced MRT stations

The peso has fallen about 7% since the onset of the US-Iran conflict on Feb 28, emerging as one of Asia’s worst performers.

Record remittances fail to shield Philippine peso’s slide from mounting pressures

Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

Canada’s fight with the US has far bigger stakes than trade

CapitaLand Investment is a leading name among Singapore’s corporates and has numerous institutional and retail shareholders. 

CapitaLand Investment’s retrenchments: Mind the downsides of a profitable business laying off staff

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More