IHH Healthcare posts higher net profit on exceptional gains

Singapore

MAINBOARD-LISTED IHH Healthcare Berhad, the world's second-largest listed private healthcare provider based on market capitalisation, has posted a 74 per cent jump in net profit for the fourth quarter of 2015 to RM415.8 million (S$138.2 million), as a result of exceptional gains.

These include a revaluation gain of RM49.2 million on investment properties, investment tax allowance granted of RM93.1 million and exchange gain on non-Turkish lira denominated loans of RM121.3 million.