---
title: "Raffles Medical (BSL.SG) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/BSL.SG/norm.md"
symbol: "BSL.SG"
name: "Raffles Medical"
parent: "https://longbridge.com/en/quote/BSL.SG.md"
datetime: "2026-05-20T04:30:54.375Z"
locales:
  - [en](https://longbridge.com/en/quote/BSL.SG/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/BSL.SG/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/BSL.SG/norm.md)
---

# Raffles Medical (BSL.SG) — Financial Reports

## Income Statement (SGD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| EPS | 0.0104 | 0.0104 | 0.0086 | 0.0086 | 0.0085 |
| ROE | 7.27% | 7.40% | 6.30% | 6.21% | 6.02% |
| Revenue | 193.56M | 193.56M | 189.22M | 189.22M | 193.37M |
| Net income | 19.23M | 19.23M | 16.05M | 16.05M | 15.80M |
| Operating income | 22.18M | 22.18M | 20.81M | 20.81M | 21.91M |
| Gross margin | 44.80% | 44.80% | 45.95% | 45.95% | 45.19% |
| Net margin | 9.94% | 9.94% | 8.48% | 8.48% | 8.17% |
| Profit quality | 99.17% | 99.17% | 73.52% | 73.52% | 84.77% |

## Balance Sheet (SGD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| A&L | 1.43B | 1.43B | 1.49B | 1.49B | 1.49B |
| Leverage | 1.35 | 1.35 | 1.44 | 1.44 | 1.40 |
| BVPS | 0.5752 | 0.5752 | 0.5506 | 0.5506 | 0.5650 |
| Turnover | 0.5245 | 0.5243 | 0.5087 | 0.5045 | 0.4987 |
| Cash & STI | 310.79M | 310.79M | 334.18M | 334.18M | 343.67M |
| Inv & Rec | 11.26M | 11.26M | 11.28M | 11.28M | 10.76M |
| LT assets | 741.40M | 741.40M | 722.29M | 722.29M | 748.25M |
| Net debt | -223.37M | -223.37M | -245.66M | -245.66M | -255.50M |

## Cash Flow Statement (SGD)

| Indicator | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | 22.37M | 22.37M | 28.30M | 28.30M | 25.84M |
| Investing CF | -1.19M | -1.19M | -64500.00 | -64500.00 | -1.63M |
| Financing CF | -33.23M | -33.23M | -32.19M | -32.19M | -10.60M |
| Free CF | 23.10M | -20.78M | 22.57M | 22.13M | 22.07M |
| OCF coverage | 108.59% | 108.59% | 95.47% | 95.47% | 129.59% |
| Repaid & issued | -42500.00 | -42500.00 | 644500.00 | 644500.00 | 6.76M |
| CapEx | -2.51M | -2.51M | -1.42M | -1.42M | -3.80M |

## Distribution Plan

**Dividend Yield**: 3.16

### Dividend History

| Description | Record Date | Ex-Date | Payment Date |
|-------------|-------------|---------|--------------|
| Cash Dividend: 
0.03SGD | 2026-05-13 | 2026-05-12 | 2026-05-22 |
| Cash Dividend: 
0.025SGD | 2025-05-14 | 2025-05-13 | 2025-05-23 |
| Cash Dividend: 
0.024SGD | 2024-05-14 | 2024-05-13 | 2024-05-23 |