{"id":312781,"date":"2026-02-23T09:39:14","date_gmt":"2026-02-23T09:39:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/312781\/"},"modified":"2026-02-23T09:39:14","modified_gmt":"2026-02-23T09:39:14","slug":"raffles-medical-h2-profit-rises-21-7-to-s38-5-million-shares-surge-5-9-to-one-year-high","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/312781\/","title":{"rendered":"Raffles Medical H2 profit rises 21.7% to S$38.5 million; shares surge 5.9% to one-year high"},"content":{"rendered":"<p>This is mainly due to improved performance from its hospital services and insurance businesses<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[SINGAPORE]  Raffles Medical Group  posted a 21.7 per cent rise in net profit to S$38.5 million for its second half ended Dec 31, 2025, from S$31.6 million for the previous corresponding period.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">This was mainly due to improved performance from its hospital services and insurance businesses, as well as fair value gains on investment properties, the healthcare provider said in a statement on Monday (Feb 23).<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Following the news, shares of Raffles Medical surged 5.9 per cent or S$0.06 to S$1.08 at 9.39 am, hitting the highest price in a year.   <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">By 10.12 am, about five million shares had changed hands. <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Earnings per share stood at S$0.0208 for the half-year, up from S$0.017 for H2 FY2024. Revenue rose 0.3 per cent to S$386.9 million, from S$385.9 million a year earlier.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">A final dividend of S$0.03 per share was proposed for FY2025, up 20 per cent from S$0.025 per share the year before. Pending approval at the annual general meeting on Apr 24, the dividend will be paid out on May 22 after books closure on May 14.<\/p>\n<p>Navigate Asia in<br \/>a new global order<\/p>\n<p class=\"font-lct text-lg font-normal leading-snug -tracking-2%\">Get the insights delivered to your inbox.<\/p>\n<p>  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/973fe2cfb268f41dff6335775f8f7372e9e8aae1f30f2245b8a45bb3201863d8.webp\" alt=\"\" height=\"472\" width=\"602\" class=\"block max-w-full w-full\"\/>  <\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">For the full year, net profit was up 13.4 per cent year on year at S$70.6 million from S$62.2 million. Revenue increased 1.8 per cent to S$765.3 million from S$751.6 million.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Raffles Medical Group\u2019s insurance arm, Raffles Health Insurance, posted year-on-year revenue growth of 4.1 per cent, increasing to S$185.2 million in FY2025 from S$178 million.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">It also recorded a 50.6 per cent improvement in profitability for the full year, driven by contract repricing and disciplined claims management.<\/p>\n<p class=\"mb-6 border-b border-gray-250 pb-4 font-poppins text-4xs font-medium tracking-widest text-gray-515\">SEE ALSO<\/p>\n<p><a class=\"block h-full w-full\" href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/thomson-medical-narrows-h1-net-loss-s10-2-million-lower-finance-costs-steady-operations?ref=article-see-also\" data-discover=\"true\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"relative z-10 h-full w-full object-cover\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/33ea4587eade04a534b1499f79c90e841a2c8fbaf68fffda69fcfec6354af76d.webp\" alt=\"In Vietnam, FV Hospital (above) will expand with the H-wing by end-2027. \" width=\"1920\" height=\"1280\"\/><\/a><a class=\"block h-full w-full\" href=\"https:\/\/www.businesstimes.com.sg\/companies-markets\/raffles-medical-names-former-paragon-reit-cfo-woo-yeng-yeng-new-finance-chief?ref=article-see-also\" data-discover=\"true\" rel=\"nofollow noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"relative z-10 h-full w-full object-cover\" src=\"https:\/\/www.newsbeep.com\/ie\/wp-content\/uploads\/2026\/02\/4c0b05ea89a63c8eb85ca3f3282590588aba89e31465eebe3f47392eb7ea517b.webp\" alt=\"Woo has more than 20 years of experience across real estate, hospitality and capital markets, with expertise in financial strategy, governance and investor relations. \" width=\"463\" height=\"283\"\/><\/a><\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">Shares of Raffles Medical Group closed S$0.01 or 1 per cent lower at S$1.02 on Feb 20.<\/p>\n<p class=\"font-lucida text-xl font-medium italic leading-normal -tracking-5% text-gray-850\">Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.<\/p>\n","protected":false},"excerpt":{"rendered":"This is mainly due to improved performance from its hospital services and insurance businesses [SINGAPORE] Raffles Medical Group&hellip;\n","protected":false},"author":2,"featured_media":312782,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[103,397,396,61,60],"class_list":["post-312781","post","type-post","status-publish","format-standard","has-post-thumbnail","category-healthcare","tag-health","tag-health-care","tag-healthcare","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/312781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=312781"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/312781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/312782"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=312781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=312781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=312781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}