The Business Times
business-time-50

Raffles Medical Q3 profit down 16.9% on Chongqing hospital startup costs

google-preferred-sourceAdd BT as a preferred source

Ng Ren Jye

Published Tue, Oct 29, 2019 · 09:50 PM

Singapore

RAFFLES Medical's net profit for the third quarter was 16.9 per cent lower at S$13.6 million versus S$16.4 million a year ago as it continues to absorb the startup costs for its Chongqing hospital.

For the three months ended Sept 30, earnings per share was 0.75 Singapore cent, down from 0.91 cent.

TRENDING NOW

The cash payout will depend on the recipient’s assessable income for the year of assessment 2025 and the annual value of their place of residence.

Eligible Singaporeans to receive up to S$850 in GSTV cash, up to S$450 in MediSave top-ups in August

Indonesia and Vietnam have fared very differently this year, with the Jakarta Composite Index slumping nearly 30% and the VN-Index rallying around 5%.

The quest for global capital: Vietnam eyes MSCI upgrade as Indonesia fights downgrade risk

The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

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