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IHH Healthcare posts Q3 net profit of RM236.3m

Contribution from recently acquired hospitals, ramped-up ops and increased capacity cited

 Tay Peck Gek
Published Fri, Nov 29, 2019 · 09:50 PM

Singapore

GLOBAL healthcare provider IHH Healthcare posted a net profit of RM236.3 million (S$77.37 million) for the third quarter to September, reversing from a loss of RM104.1 million a year ago, as a result of contribution from recently acquired hospitals, ramped-up operations and increased capacity.

Correspondingly, earnings per share stood at 2.44 sen for the quarter, versus a loss per share of 1.53 sen a year ago.

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