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Raffles Medical Group sees modest growth in revenue and earnings; focuses on growth in China

Samantha Chiew
Samantha Chiew • 4 min read
Raffles Medical Group sees modest growth in revenue and earnings; focuses on growth in China
Dr Loo: "If we can successfully attract patients, why stop at one hospital?”. Photo: Albert Chua/ The Edge Singapore
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Raffles Medical Group (RMG) on July 28 announced its 1HFY2025 ended June 30 results, which saw earnings gain 4.8% y-o-y to $32.1 million from $30.6 million previously, supported by stable operational performance across core segments.

Revenue for the period saw a 3.5% growth to $378.4 million from $365.7 million last year.

While the Healthcare Services division recorded a modest 0.6% increase in revenue to $142.2 million, the group’s Hospital Services division saw a 3.8% gain and the Insurance Services segment saw a 9.5% y-o-y growth. The group’s Investment Holdings segment stayed rather stable, reporting revenue of $22.2 million from $22.7 million last year.

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