34 Followers SGX:R01 - RAFFLES MEDICAL GROUP LTD Raffles Medical
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Singapore: CWG Suzhou integrated development; Raffles Medical Chongqing hospital

3 Apr 2017 - DealStreetAsia
CWG International acquires a 60 per cent stake in Suzhou Xinglun Tourism to develop a integrated development and Raffles Medical Group has acquired land for developing a hospital in Chongqing. CWG International said it has acquired a 60 per cent stake in Suzhou Xinglun Tourism, owner of the Suzhou Ferris ...
sgx:acw sgx:r01

Daily Briefing: Uber president quits; Is Raffles Medical a cheap stock now?

20 Mar 2017 - Singapore Business Review
And here’s what to expect in HDB resale. From Reuters: Ride services company Uber Technologies Inc has been thrust deeper into turmoil with the departure of company president Jeff Jones, a marketing expert hired to help soften its often abrasive image. Jones quit less than seven months after joining ...
sgx:r01

Here are 3 deterrents to RMG's medical tourism growth

22 Feb 2017 - Singapore Business Review
For starters, it is still seeing a drop in medical tourism. For the analysts at CIMB, it is too premature to start turning positive on Raffles Medical Group, seeing that the 1.3% full-year growth is not something to spark a turnaround. According to CIMB, the group's 4Q16 top line growth was weak amidst ...
sgx:r01

Raffles Medical Group's full-year profit up 1.3% to $70.2m

21 Feb 2017 - Singapore Business Review
Thanks to healthcare services' 30.8% revenue growth. Leading integrated healthcare organisation Raffles Medical Group achieved a record revenue of $473.6m for the year ended 2016, a 15.4% growth from 2015. All divisions contributed positively to the growth of the Group with revenue from Healthcare Services ...
sgx:r01

Raffles Medical: Announces Record Revenue For FY2016.

20 Feb 2017 - ShareInvestor Express
Group achieved 15.4% growth in revenue to S$473.6 million. Profit After Tax and Minority Interests showed an increase of 1.3%. Revenue from Healthcare Services Division grew 30.8%. Revenue from Hospital Services Division increased by 6.3%. Healthy cash position of S$111.9 million. Final Dividend of 1.5 ...
sgx:r01

Stocks to watch: RMG, Vard Holdings, IHC

20 Feb 2017 - Business Times Breaking News
Raffles Medical Group THE healthcare provider has reported that its FY2016 net profit edged up 1.3 per cent year on year to S$70.2 million, as growth in revenue was weighed down by higher consumption of inventories and consumables as sales of medical supplies and services grew.
sgx:r01 sgx:ms7 sgx:5wa

Raffles Medical Group reports 1.3% rise in FY2016 net profit as costs increase

20 Feb 2017 - Business Times Breaking News
SINGAPORE-LISTED Raffles Medical Group on Monday posted only slightly higher earnings for the full year in 2016, as growth in revenue was dragged down by higher expenses. Net profit for FY2016 edged up 1.3 per cent year on year to S$70.2 million, weighed down by higher consumption of inventories and ...
sgx:r01

4 reasons why this year will work in favour of Raffles Medical

20 Jan 2017 - Singapore Business Review
It is set to ramp up the Orchard Medical Centre. With Singapore's healthcare sector harnessing structural growth drivers like rising affluence, an ageing population, and growing medical tourism, analysts see Raffles Medical Group taking this year with much optimism. According to Maybank KimEng, Raffles ...
sgx:r01

Here's what could boost Raffles Medical Group's profits in 2017

9 Jan 2017 - Singapore Business Review
It could deliver a 27% net profit growth this year. Raffles Medical Group is entering another era of growth this 2017, as its medical centres is seen to manifest improved profitability and higher patient load factor is expected with the Raffles Hospital extension. According to RHB Research, Raffles Medical ...
sgx:r01

Raffles Medical Group immune to slowing medical tourism

25 Oct 2016 - Singapore Business Review
Raffles Hospital runs at 70% optimal utilisation rate. With two new medical centres ramping up and two new hospitals coming on-stream over the next two years, RHB believes Raffles Medical’s growth potential is becoming exciting once again. "We expect EPS to increase at a 16.6% CAGR over FY15-18, on the ...
sgx:r01

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