Raffles Medical Group Ltd (SGX:BSL)

Revenue by Segment

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Healthcare Services			283.43M	445.04M	458.75M	281.27M	238.72M
Healthcare Services Growth			-36.31%	-2.99%	63.10%	17.82%	9.04%
Hospital Services			330.59M	316.28M	346.10M	312.80M	306.43M
Hospital Services Growth			4.53%	-8.62%	10.65%	2.08%	5.88%
Insurance Services			144.45M	115.02M	-	-	-
Insurance Services Growth			25.59%	-	-	-	-
Investment Holdings			45.22M	45.89M	39.69M	32.74M	33.72M
Investment Holdings Growth			-1.44%	15.61%	21.22%	-2.91%	15.41%
Elimination of Inter-Segment			-96.77M	-99.30M	-120.75M	-58.60M	-56.84M
Total			706.92M	822.92M	723.79M	568.20M	522.04M
Total Growth			-14.10%	13.70%	27.38%	8.84%	6.73%

Revenue by Geography

Financials in millions SGD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Singapore			631.11M	756.13M	660.45M	518.04M	462.25M
Singapore Growth			-16.53%	14.49%	27.49%	12.07%	7.16%
Greater China			59.32M	50.25M	49.29M	34.29M	40.02M
Greater China Growth			18.06%	1.94%	43.74%	-14.31%	0.44%
Rest of Asia			16.49M	16.54M	14.05M	15.87M	19.77M
Rest of Asia Growth			-0.30%	17.70%	-11.48%	-19.71%	10.22%
Total			706.92M	822.92M	723.79M	568.20M	522.04M
Total Growth			-14.10%	13.70%	27.38%	8.84%	6.73%

Source: S&P Global Market Intelligence.