Raffles Medical Group first-half profit doubles on back of COVID-19 jabs, tests

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SINGAPORE: Raffles Medical Group more than doubled its first-half net profit thanks to sales from COVID-19 vaccinations and testing, said the ...

“In Singapore, the group continues to support the government’s COVID-19 initiatives,” said Raffles Medical Group in the media release.“Adapting to the ever-changing nature of the pandemic, it has expanded its operations beyond air-border screening and pre-event testing to include vaccination centres, pre-departure swabbing of cruise passengers, as well as operating dedicated polymerase chain reaction testing centres to conduct tests for those exposed to new COVID-19 clusters as they emerge.

In its release, Raffles Medical Group said it set up and operated 17 vaccination centres across Singapore. The group added that it was optimistic that with progressive vaccination, “borders will reopen and travel may resume in the near future”. “Despite these challenges, we will continue to focus on providing quality healthcare to all our patients across multiple geographies,” said the group, adding that it also opened a new Raffles Hospital Shanghai on Monday.

 

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