Raffles Medical 1H FY26 PATMI drops 9.6% to S$29 million
Reuters2026/07/26 22:10By:Reuters
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- Raffles Medical posted 1H 2026 PATMI of S$29 million, down 9.6%, as revenue fell 6.7% to S$353.2 million.
- Diluted EPS slipped 9.2% to 1.57 Singapore cents; operating profit dropped 8.4% to S$38.1 million.
- Hospital Services profit rose 11% to S$19.7 million on revenue of S$170.2 million, lifting margin 1.4 percentage points to 11.6%.
- Healthcare Services profit declined to S$15.6 million on revenue of S$119.5 million, due to lower occupancy at transitional care facilities.
- Cash and cash equivalents stood at S$262.3 million; the board expects the group to remain profitable in FY2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raffles Medical Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9K99JD5B2MV11N5S) on July 26, 2026, and is solely responsible for the information contained therein.
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