For founder and executive chairman Dr Loo Choon Yong, he is eager to lead an even larger entity than the sole clinic he started. Besides focusing on growing his existing markets of Singapore, China, Vietnam, Cambodia, Japan and Hong Kong, Loo is eyeing further expansion.
Raffles Medical Group (RMG) reported earnings of $70.6 million for its FY2025 ended Dec 31, 2025, an increase of 13.4% y-o-y, due to the combination of better performance from the hospital services and insurance businesses, as well as fair value gains on investment properties. Revenue increased 1.8% y-o-y to $765.3 million, underpinned by higher patient volumes, improved average bill sizes and operational efficiencies.
Meanwhile, cash flow remains strong at $310.8 million, providing it with the flexibility to support strategic growth initiatives while continuing to return value to shareholders. The company plans to pay a final dividend of 3 cents per share, equivalent to a payout ratio of 84%, and an improvement over FY2024’s 2 cents. Besides reflecting better earnings, the higher dividend is to help mark the company’s 50th anniversary.
