Jaiswal’s comments come as Raffles Medical provides Covid-19 testing at its 36 clinics. It was also one of the six firms to be awarded contracts to provide testing services at regional screening centres and dormitories.
Raffles Medical is set to benefit from Singapore’s re-opening, says RHB Securities analyst Shekhar Jaiswal.
“The accelerated vaccination programme and continued testing as the country relaxes restrictions and looks to reopen borders by the year end should continue to support near-term revenue and earnings,” he adds.
