Brokers' take
IHH Healthcare | Hold Nov 28 close: S$1.85 Target price: S$1.71 UOB Kay Hian, Nov 28
IHH's 9M 2017 adjusted core earnings fell 36 per cent year on year, below our and consensus estimates.
Start-up losses associated with expansion plans continued to be the main earnings drag.
On a positive note, existing core markets continued to perform well operationally, registering growth in inpatient volume and revenue intensity.
However, we expect cost pressures to remain high o…
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