RafflesMed profit up, plan for 1:3 stock split

Singapore

MAINBOARD-listed Raffles Medical Group, which has proposed to split its share in the ratio of one to three, on Monday posted a 2.4 per cent rise in full-year net profit to S$69.3 million.

Excluding the fair-value gain of S$1.5 million on its investment properties in 2015, the group's net profit was up 4.9 per cent at S$67.8 million for the 12 months ended Dec 31, 2015.