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Raffles Hospital Chongqing
Update
Raffles Medical Group says not long before China forms 20-40% of overall business
SINGAPORE (April 29): Raffles Medical Group (RMG) says Raffles Hospital Chongqing saw around 500 patients over 1Q19 since it opened in January this year. The new hospital currently has between 100 and 150 beds, and the group intends to roll out more beds
April 29, 2019
Results
Raffles Medical Group posts 13.7% lower 1Q earnings of $13.65 mil on gestation loss from Chongqing hospital
SINGAPORE (April 29): Raffles Medical Group (RMG) has announced earnings of $13.65 million for the 1Q ended March, down 13.7% y-o-y from $15.8 million on start-up costs for Raffles Hospital Chongqing.
April 29, 2019
Broker's Calls
Raffles Medical Group patiently waits for its new developments
SINGAPORE (Feb 26): Analysts are generally neutral on Raffles Medical Group (RMG) after the group yesterday announced that its FY18 earnings saw a slight 0.4% increase y-o-y to $71.1 million, while revenue grew 2.4% to $489.1 million.
February 26, 2019