Raffles Medial Group (RMG)

Results

Raffles Medical posts 16% drop in 2Q earnings to $14.2 mil amid birthing pains from Chongqing branch

SINGAPORE (July 29): Raffles Medical Group saw its earnings fall 15.6% to $14.2 million for the 2Q19 ended June 30, from $16.9 million a year ago, mainly due to gestation losses for Raffles Hospital Chongqing (RHCQ).

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.
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