IHH Healthcare posts Q3 net profit of RM236.3m
Contribution from recently acquired hospitals, ramped-up ops and increased capacity cited
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.
TRENDING NOW
When every phone becomes a satellite phone, what happens to Asia’s telcos?
Singapore should anchor hedge fund leaders, nurture local managers amid regional talent war: observers
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry