This year, RMG will pay a final dividend of 2.5 cents per ordinary share. Given its strong positive operating cash flow, the group has revised its dividend policy to pay out at least 50% of its sustainable earnings annually.
Raffles Medical Group (RMG) has recorded revenue of $751.6 million and patmi of $62.2 million for FY2024 ended Dec 31, 2024.
Compared to FY2023, the group’s revenue increased by 6.3% and registered a lower patmi of 31.0%, partially attributed to lower government grants and the absence of the fair value gain of investment properties in FY2024.
