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.
Raffles Medical's 1HFY2023 results likely to have set a new baseline of profitability, analysts keep 'buy' - THE EDGE SINGAPORE

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.
UOBKH adds Raffles Medical and ThaiBev to alpha picks; drops Singtel, Food Empire and Aztech - THE EDGE SINGAPORE

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.

Broker's Calls

Broker's Digest: CDL, Raffles Medical Group, PropNex, Centurion Corp, Top Glove

See the analysts' recommendations and target prices here.
CGS CIMB upgrades Raffles Medical Group to ‘add’ due to its position as key Covid-19 test provider in Changi Airport - THE EDGE SINGAPORE

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.
Broker's Digest: Samudera, Raffles Medical, Multi-Chem, iX Biopharma, Hong Leong Asia - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: Samudera, Raffles Medical, Multi-Chem, iX Biopharma, Hong Leong Asia

See the analysts' recommendations and target prices here.
Raffles Medical Group upgraded to 'buy' on improved risk-reward: Maybank - THE EDGE SINGAPORE

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”.

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

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
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