Singapore Medical Group (SMG)

Company in the news

Companies hope for rosy outlook with injection of new aesthetic business

SINGAPORE (Oct 17): People say money cannot buy self-esteem, but it sure can buy a whole new look. The aesthetic and wellness industry is booming, with the affluent market demanding to look their best, whether that means getting a new chin or looking year

Results

Singapore Medical Group posts 3.5% growth in 2Q earnings to $3.5 mil on higher revenue

SINGAPORE (Aug 7): Singapore Medical Group saw its earnings rise 3.5% to $3.5 million for the 2Q19 ended June, from $3.4 million a year ago.

Broker's Calls

SMG upgraded to 'buy on dips' by RHB as CHAS raises stake

SINGAPORE (June 7): RHB Research is upgrading Singapore Medical Group (SMG) to “buy” from “neutral” previously, with an unchanged target price of 48 cents.

Broker's Calls

Singapore Medical Group kept at 'buy' on strong FY18 results, CHAS investment

SINGAPORE (Feb 21): RHB Research is maintaining Singapore Medical Group (SMG) at “buy” on news that shareholder CHA Healthcare Singapore (CHAS) is raising its stake in the group.

SMG calls for trading halt pending announcement as share price climbs 4.4%

SINGAPORE (Feb 20): Singapore Medical Group (SMG) at noon on Wednesday called for a trading halt “pending [the] release of [an] announcement”.

Results

Singapore Medical Group reports 17.2% higher 4Q earnings of $2.9 mil on revenue growth

SINGAPORE (Feb 19): Singapore Medical Group (SMG) posted a 17.2% rise in 4Q18 earnings to $2.9 million from $2.5 million a year ago, driven by increased revenue contributions from the health and diagnostic & aesthetic business segments.

Broker's Calls

Market valuations may be inexpensive but stay defensive: RHB

SINGAPORE (Jan 2): RHB Research prefers to stay selective and defensive amid growth uncertainties in 2019.

Broker's Calls

Singapore Medical Group kept at ‘buy’ for capturing market share from competitors

SINGAPORE (May 16): RHB Research says Singapore Medical Group must be doing something right to capture market share in the private medical practice space from its competitors.

Results

Singapore Medical Group reports more than doubling of 1Q earnings to $3.4 mil on topline growth

SINGAPORE (May 15): Singapore Medical Group, the healthcare services provider with an expanding regional network, reported 1Q18 earnings more than doubled to $3.4 million from $1.4 million.
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