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Raffles Medical Group (RMG)
Broker's Calls
Analysts downgrade, trim TP on Raffles Medical after 'margins collapsed' in 3QFY2023
Raffles Medical Group posted profit after tax of $12.4 million for the 3QFY2023 ended Sept 30, 67.4% lower y-o-y.
November 08, 2023
Results
Raffles Medical Group reports 3QFY2023 profit after tax of $12.4 mil, 67.4% lower y-o-y
9MFY2023 PAT fell by 25.6% y-o-y to $72.8 million.
November 06, 2023
Broker's Calls
UOB Kay Hian keeps ‘buy’ call on Raffles Medical but with lower TP of $1.47 upon Vietnam entry
The analysts say they see downside risks to their FY2023 to FY2025 revenue and earnings estimates for the group. Here's why.
October 24, 2023
Broker's Calls
Brokers’ Digest: Singtel, Apac Realty, SIA, Frencken, Raffles Medical Group, Sheng Siong, Keppel REIT, MINT
See what the analysts have to say this week.
October 13, 2023
Broker's Calls
Brokers' Digest: OCBC, Delfi, CDL, Raffles Medical Group, UOL, Singtel, ESR-LOGOS REIT
See what the analysts have to say this week.
October 06, 2023
New appointments
Frasers Centrepoint Trust appoints Raffles Medical’s CIO to board
Darren Tan is said to have over 28 years of experience in financial matters.
September 25, 2023
Tourism
The resurgence of medical tourism
As borders reopen, private healthcare providers are experiencing a boost to their businesses & supporting growth to other sectors
August 03, 2023
Results
Raffles Medical reports 1HFY2023 earnings of $59.9 mil, up 0.5% y-o-y
Based on current conditions and barring unforeseen circumstances, the directors expect the group to remain profitable in FY2023.
July 31, 2023
Broker's Calls
Stocks like Delfi, Marco Polo Marine and Raffles Medical could benefit from Indonesia's strong economic performance
The sectors to look out for are consumer, commodity, healthcare tourism, plantation and marine-related.
June 13, 2023
Broker's Calls
Brokers' Digest: Food Empire, Lendlease Global Commercial REIT, Raffles Medical Group, SembMarine, Choo Chiang Holdings
See what the analysts have to say this week.
April 01, 2023