Raffles Medical Group Ltd (SGX:BSL)

Raffles Medical Group Revenue

Raffles Medical Group had revenue of 353.19M SGD in the half year ending June 30, 2026, a decrease of -3.42%. This brings the company's total for the last twelve months to 740.31M, down -3.25% year-over-year. In the year 2025, Raffles Medical Group had annual revenue of 765.57M with 1.75% growth. That makes Raffles Medical Group the 10,428th largest company in the world by revenue and 73rd in Singapore.

• Revenue (ttm): 740.31M
• Revenue Growth: -3.25%
• P/S Ratio: 2.03
• Revenue / Employee: 255.28K
• Employees: 2,900
• Market Cap: 1.50B

Revenue Chart

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Revenue by Segment

By Segment

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• Hospital Services 357.82M 41.0%
• Healthcare Services 285.90M 32.7%
• Insurance Services 185.23M 21.2%
• Investment Holdings 44.31M 5.1%

By Geography

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• Singapore 680.80M 89.0%
• Greater China 65.36M 8.5%
• Rest of Asia 19.15M 2.5%

Fiscal year ended Dec 31, 2025 See the full Raffles Medical Group breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	765.57M	13.14M	1.75%
Dec 31, 2024	752.43M	44.39M	6.27%
Dec 31, 2023	708.04M	-116.91M	-14.17%
Dec 31, 2022	824.95M	99.72M	13.75%
Dec 31, 2021	725.23M	157.03M	27.64%

Data Source: S&P Global Market Intelligence Last updated: Jul 26, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Nov 1, 2026

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