The Chongqing outpost generated a $2.3 million loss at the earnings before interest, taxes, depreciation and amortisation (EBITDA) level.
SINGAPORE (July 29): Raffles Medical Group saw its earnings fall 15.6% to $14.2 million for the 2Q19 ended June 30, from $16.9 million a year ago, mainly due to gestation losses for Raffles Hospital Chongqing (RHCQ).
Earnings per share slipped to 0.79 cents in 2Q19, from 0.95 cents for 2Q18.
