HOT STOCK ·
Subscribers

Raffles Medical shares rise on strong H1 results

Counter ends Monday at four-year high of S$1.32

Singapore

SHARES of Raffles Medical Group advanced on Monday after it posted a strong set of earnings for the six months ended June 30, even as the outlook for medical tourism - which used to account for about 30 per cent of the group's revenue - remains less than rosy.

The counter ended Monday at a four-year high of S$1.32, gaining S$0.11 or 9.1 per cent. Year-to-date, shares of Raffles Medical are up 32.7 per cent.

...

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes