HMI's posts 43% increase in Q4 profit

Singapore

HIGHER revenue intensity in its hospitals and better cost management gave a fillip to results for Health Management International (HMI) for its fourth quarter.

Net profit increased 42.7 per cent to RM15.2 million (S$5.06 million) from the previous year. For the three months ended June 30, revenue rose 6.7 per cent to RM119.2 million from the previous year.