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Raffles Medical Group posts 15.6% rise in Q3 net to $9.5m

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Raffles Medical Group says it achieved another record quarterly revenue of $55.4 million in Q3 2009 as compared to $51.3 million for the corresponding quarter last year, an increase of 8%. Net profit rose 15.6% to $9.5 million from $8.2 million.

All divisions continued to contribute positively to the growth of the group with revenue from Healthcare and Hospital Services divisions increasing 9.3% and 8.1% respectively.

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