Raffles Medical earnings rise 0.4% to S$71.1m for FY2018

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RAFFLES Medical Group has posted a net profit of S$71.1 million for 2018, up 0.4 per cent from S$70.8 million for 2017 as a 7.8 per cent rise in Ebitda (earnings before interest, taxes, depreciation, and amortisation) was offset by higher tax expense and additional depreciation from the recently completed Raffles Specialist Centre in Singapore. Read more at The Business Times.

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Singapore stocks: STI resumes Friday afternoon at 3,263.85, down 0.4% on daySINGAPORE stocks fell on Friday afternoon's trading resumption, with the Straits Times Index losing 0.43 per cent or 14.06 points on the day to 3,263.85 as at 1.03pm. Read more at The Business Times.
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