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Tuesday, March 5, 2024

Raffles Medical Group - Chart wise, bearish mode! Breaking down of 98 cents we may see her going down to 90 than 80 cents! Dividend cut from 3.8 cents to 2.4 cents, doesnt look good!

 Raffles Medical Group  - Chart wise, bearish mode! Breaking down of 98 cents we may see her going down to 90 than 80 cents! Dividend cut from 3.8 cents to 2.4 cents, doesnt look good! 



SSB is offering an average 10 years yield of 3.04% much higher than their yield of 2.4%.

Pls dyodd. 


Quote: Raffles Medical Group has reported patmi of $90.2 million in FY2023 ended December, 37.1% lower y-o-y on the discontinuance of Covid-19-related activities.

Earnings per share stood at 4.85 cents, compared to the 7.71 cents recorded in FY2022.

For the full year, the company posted revenue of $706.9 million, down 14.1% from the $822.9 million recorded in FY2022.

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