Revenue for the full year grew 2.4% to $489.1 million from $477.6 million a year ago, due mainly to 6% higher contributions from the Healthcare Services division on the back of a new contract to provide Air Borders screening services, as well as the addition of new corporate clients.
SINGAPORE (Feb 25): Raffles Medical Group (RMG) announced $71.1 million in earnings for FY18, rising a marginal 0.4% from $70.8 million in FY17 as higher tax expenses and additional depreciation from the recently-completed Raffles Specialist Centre continued to be a drag on the group’s bottomline.
