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

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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.

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