SGX:BSLHealthcare
Raffles Medical Group (SGX:BSL) Stock Stalls Despite Firmer Profit Margins
Raffles Medical Group stock has been treading water, down about 4% over the past week and about 10% over three months, even as the latest results land. The headline from this earnings release is not the top line; it is profit quality. Net profit margin over the last twelve months sits at 9.1% compared with 8.3% a year ago, and earnings over that period are higher by about 5.9%.
For short term traders, the muted share price is the story. For long term investors, the real question is whether...