SG's Raffles Medical Group revenue surges to $343.8m in H1 | Healthcare Asia Magazine
, Singapore

SG's Raffles Medical Group revenue surges to $343.8m in H1

The group’s profits after tax ballooned by as much as 138.4%.

Raffles Medical Group revenue saw an increase of 42.4% to $343.8m in the first half (H1) of 2021 compared to $241.42m in the same period last year.

The private profits after tax of the said medical service provider in Singapore grew to $38.84m in H1 2021 from $16.29m in the same period last year, an estimated 138.4% increase.

According to the group, the increase is attributed to its active role with the government in its COVID-19 vaccination and Polymerase Chain Reaction swab tests initiatives.

“Against this backdrop, revenue from the healthcare and hospital services divisions grew by 65.4% and 35.4%, respectively. The group’s earnings before interest, taxes, depreciation, and amortisation increased by 78% from $41.9m in H1 2020 to $74.5m in H1 2021. Its profit after tax and minority interests grew by 128.7% from $17.2m in H1 2020 to $39.4m in H1 2021,” Raffles Medical said.

For the transition year FY 2021, the group expects to pay a total core dividend of not less than $2.5c per share.

Barring unforeseen circumstances, the group said it expects to be more profitable in FY 2021 than last year.

Follow the link s for more news on

EMC Healthcare dan InterSystems akan meluncurkan sistem rekam medis elektronik canggih di Indonesia

Sistem ini dilengkapi dengan dokumentasi otomatis dan kode berbasis AI.

Rumah sakit swasta di Filipina diminta berhati-hati akan pengeluaran

Klaim layanan kesehatan di negara ini diperkirakan meningkat 21% tahun ini.

KTPH melacak pasien dan peralatan secara real-time

Rumah sakit milik negara Singapura ini juga berencana menggunakan gelang RFID pasif untuk melacak lokasi pasien.

Sistem otomatis mengangkut instrumen bedah di Singapura

Sistem ini mengirimkan instrumen siap pakai langsung ke meja operasi.

Island Hospital menggunakan rehabilitasi berbasis data untuk mempercepat pemulihan

Teknologi ini menyesuaikan latihan pasien dan memberikan feedback secara real-time.

Rumah Sakit didesak menutup kesenjangan dalam layanan kesehatan perempuan

Investasi yang lebih baik dalam kesehatan perempuan dapat meningkatkan perekonomian global sebesar USD 1 triliun per tahun pada 2040.

NUHCS melatih lebih banyak ahli bedah untuk implantasi katup jantung yang kurang invasif

TAVI menargetkan kondisi yang sering dimulai dengan murmur jantung.