Earnings Report /

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

3 August 2022
Published byPhillipCapital


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