Raffles Medical

Revenue was also down by 1.4% y-o-y to $365.7 million.

RHB: despite competitive valuation, near-term headwinds persist for Raffles Medical

CGS-CIMB's Tay expects Raffles Medical's operating margins to 'normalise' at a level higher than before the pandemic

Raffles Medical Group boasts “healthy margins due to its asset-light nature”, say UOB Kay Hian Research analysts.

The analysts are now more positive on the prospects of RMG’s Chinese hospitals.

Jaiswal’s target price represents a 33.9% upside to Raffles Medical’s share price of $1.12

DBS is more optimistic on Raffles Medical after Singapore unveils its "test, trace and vaccinate" strategy.

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.

SINGAPORE (Nov 29): At the recent People’s Action Party (PAP) convention on Nov 19, Prime Minister Lee Hsien Loong said that “raising taxes is not a matter of whether, but a matter of when”.

SINGAPORE (Aug 17): UOB Kay Hian has upgraded its FTSE Straits Times Index (FSSTI) target forecasts up to 3,410 from 3,250 previously on “pockets of solid outperformances”  in the 2Q17 financial reporting season, which concluded this week.