Welcome!
Raffles Medial Group (RMG)
Results
Raffles Medical Group reports FY2023 patmi of $90.2 million, 37.1% lower y-o-y
For the full year, the company posted revenue of $706.9 million, down 14.1% from the $822.9 million recorded in FY2022.
February 26, 2024
Broker's Calls
RHB ‘upbeat’ on Raffles Medical’s contract win for providing medical services at Connect@Changi
RHB has kept its "buy" call and target price at $1.75.
October 02, 2023
Broker's Calls
Raffles Medical's 1HFY2023 results likely to have set a new baseline of profitability, analysts keep 'buy'
Raffles Medical is Maybank’s preferred pick in the healthcare sector.
August 02, 2023
Broker's Calls
UOBKH adds Raffles Medical and ThaiBev to alpha picks; drops Singtel, Food Empire and Aztech
This is the fifth consecutive month that the alpha picks portfolio has beaten the STI.
June 07, 2023
Broker's Calls
Broker's Digest: CDL, Raffles Medical Group, PropNex, Centurion Corp, Top Glove
See the analysts' recommendations and target prices here.
September 23, 2021
Broker's Calls
CGS CIMB upgrades Raffles Medical Group to ‘add’ due to its position as key Covid-19 test provider in Changi Airport
CGS-CIMB Research upgrades recommendation on Raffles Medical to “add” from “hold” with a $1.22 target price.
May 31, 2021
Broker's Calls
Broker's Digest: Samudera, Raffles Medical, Multi-Chem, iX Biopharma, Hong Leong Asia
See the analysts' recommendations and target prices here.
April 09, 2021
Broker's Calls
Raffles Medical Group upgraded to 'buy' on improved risk-reward: Maybank
Following a share price correction, Maybank Kim Eng Research analyst Lai Gene Lih has upgraded Raffles Medical Group to “buy”.
October 05, 2020
Results
Raffles Medical posts 14.1% drop in FY2019 earnings, but looks for novel measures to cope with Covid-19
Raffles Medical is looking to remain profitable in 2020, barring unforeseen circumstances like the prolongation of the novel coronavirus outbreak
February 24, 2020
Healthcare
Ageing trend supports spending, but earnings of stocks dip on costs
SINGAPORE (20 Dec) : Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are more likely to contract a chronic illness at an earlier age. Moreover, nearly half or 49
December 20, 2019