Raffles Medical's Q1 profit up 3.7%

Singapore

LIFTED by strong revenue growth, private healthcare provider Raffles Medical Group's net profit for the first quarter rose 3.7 per cent year-on-year to S$15.5 million.

The profit attributable to equity-holders for the three months ended March 31, 2016, translated to earnings per share of 2.7 Singapore cents, up from 2.65 cents a year ago. Group net asset value per share as at March 31 was S$1.0761.