You are here

SUBSCRIBERS

Weak medical tourism hits RafflesMed Q1 revenue

Revenue dips 1.7%; despite lower wage credit, net profit edges up to S$15.55m as private healthcare operator contains costs

BT_20170425_CHRMG25_2855025.jpg
Dr Loo is upbeat, saying Raffles Medical will be a major player in tertiary hospital services in China.

Singapore

REFLECTING the tepid state of Singapore's medical tourism, private healthcare provider Raffles Medical Group registered a 1.7 per cent year-on-year dip to S$114.9 million in first-quarter revenue, with net profit up just marginally for the three months ended March 31, 2017....

BT is now on Telegram!

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