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Raffles Medical posts 4.3% rise in H2 profit to S$31.6 million

by Stephanie Irvin
in Real Estate
Raffles Medical posts 4.3% rise in H2 profit to S.6 million
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PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec 31, 2024, from S$30.3 million in the previous corresponding period. 

This translates to an earnings per share (EPS) of S$0.017 against an EPS of S$0.0163 previously. 

Revenue for H2 climbed 14.8 per cent to S$385.9 million from S$336.2 million in the year-ago period, the group said in a Monday (Feb 24) bourse filing.

The board has proposed a final dividend of S$0.025 per ordinary share, up slightly from S$0.024 the year before. Once approved by shareholders at its Apr 25 annual general meeting, the dividend will be paid on May 23, after books closure on May 15. 

Shares of Raffles Medical closed on Friday 0.6 per cent or S$0.005 lower at S$0.825. 

Copyright SPH Media. All rights reserved.

Tags: MedicalMillionPostsProfitRafflesRiseS31.6
Stephanie Irvin

Stephanie Irvin

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