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Raffles Medical ups FY17 dividend; prepares to launch hospitals in China

Nisha Ramchandani

Nisha Ramchandani

Published Mon, Feb 26, 2018 · 09:50 PM
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Singapore

PRIVATE healthcare group Raffles Medical raised its dividend payout for FY17, signalling its confidence in its outlook as the group prepares to launch a new hospital in China in the fourth quarter of this year.

For the full year ended 31 Dec, 2017, net profit edged up 0.8 per cent year on year to S$70.78 million.

Revenue was up 0.8 per cent to S$…

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