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IHH back in the black in Q4 on absence of exceptional items

Nisha Ramchandani
Published Tue, Feb 27, 2018 · 09:50 PM

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Singapore

MAINBOARD-listed IHH Healthcare Berhad posted a profit of RM101.26 million (S$34.18 million) in Q4 FY17, reversing losses of RM42.51 million recorded in the corresponding quarter a year ago, which was hit by exceptional items.

In Q4 FY16, the bottom line was weighed down by recognition of forex losses at Acibadem Holdings and an impairment loss on its investment in Gleneagles Khubchan-dani Hospital in India.

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