Earnings Report /
Singapore

Raffles Medical Group Ltd: Huge earnings beat from foreign patients and electives

  • 1H22 PATMI rose 51% YoY to $60mn

  • Raffles has also received approval to set up an In-Vitro Fertilisation centre in Hainan, to be operational in 1Q23

  • Our recommendation is raised from NEUTRAL to BUY

Paul Chew
Paul Chew

Head of Research

PhillipCapital
3 August 2022
Published byPhillipCapital

Watchlist

Tellimer | Start Following

Start following your markets today

Follow your key analysts, markets and more so they appear here in your Watchlist - allowing you to keep an eye on the latest updates.