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* As at 31 Dec 2003
Highlights of Q1 2004 Performance
- Group achieved 12.2% growth in revenue and 9.1% growth in profitability in Q1 2004 over Q1 2003
- Group revenue increased by $2.7 million, from $22.2 million in Q1 2003 to $24.9 million in Q1 2004
- Net profit after tax and minority interest increased to $2.2 million in Q1 2004, compared to $2.0 million Q1 2003
- Hospital admissions increased by 13.6% compared to the same period last year
- Hospital revenue grew 23.2% to $11.1 million
- Healthcare services division will add new clinics in next three quarters while Hospital will recruit more specialist consultants
- Directors are confident that Group will perform well for the rest of the year
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 4 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 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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