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* Calculated at share price of $0.39
Highlights of 2003 Performance
- Group achieved 12.6% growth in revenue and 78.9% growth in profitability
- Raffles Hospital attained 10.0% growth in revenue and 79.7% growth in profit before tax
- Hospital admissions grew 21.2% in 2003, despite dampening effect of SARS
- Raffles Medical clinics achieved 11.4% growth in revenue and 57.7% growth in profits before tax
- Final gross dividend of 15% and special dividend of 10%
- Group expected to perform well in 2004, in line with improved economic outlook
Raffles Medical Group is a leading integrated private healthcare provider in Singapore and the region.
Raffles Medical clinics form the largest network of private GP clinics with 60 facilities spread across the island. We also have 5 clinics in Hong Kong.
Raffles Hospital, the flagship hospital of Raffles Medical Group, is a 380-bed private tertiary hospital located in the heart of Singapore. We offer a wide range of specialist medical and diagnostic services for both inpatients and outpatients. Representing more than 30 disciplines, our team of specialists constitutes a group practice combining sub-specialty expertise and teamwork to ensure optimal, affordable and high quality care for our patients. We also have a representative office in Indonesia.
Raffles Health, the Group's personal healthcare unit, was introduced in March 2003 to develop and market quality healthcare products to promote personal health and well-being.
For more information, please refer to our website at www.rafflesmedical.com.
To Our Patients Our Best
585 North Bridge Road #11-00 Raffles Hospital Singapore 188770
Tel: 6311 1111 Fax 6338 1318
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