Raffles Medical Q3 net up 10.3% at $13.87m

BOOSTED by a higher patient load and improved operating efficiencies, Raffles Medical Group's net profit for the third quarter ended Sept 30, 2013, rose 10.3 per cent year-on-year to $13.87 million.

Revenue climbed 8 per cent to $85.05 million as both its hospital services and healthcare services divisions recorded higher revenues, up 9.4 per cent and 5.7 per cent, respectively. Earnings …