Raffles Medical Group

Raffles Medical Group, is a private healthcare provider in Asia, operating medical facilities in thirteen cities in Singapore, China, Japan, Vietnam and Cambodia.
See below for the Latest Raffles Medical Group News, Analysis, Profit Results, Share Price Information, and Commentary.

 

Raffles Medical H1 profit surges 54.4% 

Patient numbers had increased on the back of recovering medical tourism.

Raffles Medical H1 profit surges 54.4% 

Patient numbers had increased on the back of recovering medical tourism.

Raffles Medical Group to see a 10% decline in H122 net profit: forecast

This is on the back of expected lower revenue from the hospital's COVID-19 services.

Raffles Medical Group earnings per share estimate cut by 8-12% for FY22/24

Maybank Securities Research cited two reasons for its lower estimate.

Raffles Medical Group’s H2 2021 net profit declines 7.2% to $44.88m

This is despite a 16.3% increase in its revenue during the same period.

STI to reach 3,500 in 2022: UOB Kay Hian

The bullish forecast is attributed to the strong GDP growth in 2021.

Raffles Medical set to profit from the opening of SIngapore’s borders - RHB

The company is the sole provider of Covid-19 PCR tests for Changi Airport. 

Raffles Medical faces an upward trend in 2022F

This is due to the planned reopening of Singapore’s borders and economy.   In a report by RHB, Raffles Medical (RFMD) is predicted to have an upward trend for the financial year 2022.

Raffles Medical Group revenue surges to $343.8m in H1

The group’s profits after tax ballooned by as much as 138.4%.

IP coverage extended to COVID vaccines under WHO's special access route

It will apply to vaccines administered in Singapore under SAR.

Mary Khoo Ngah Im joins Raffles Medical Group as company secretary

She held executive positions in non-governmental organisations in China from 2004 to 2013.

Raffles Medical Group names Olivier Lim Tse Ghow as director

He has held senior executive roles in CapitaLand.

Lui Chong Chee resigns as Raffles Medical Group CFO

He will pursue other opportunities and personal interests.