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Raffles Medical's Q1 profit up 3.7%

Revenue climbs 23%, driven by healthcare and hospital services divisions

Dr Loo says the group would seek to expand its business in more cities in China, and explore possibilities of setting up hospitals in Shenzhen and Beijing.


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...

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