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
Singapore developer in limbo after Timor-Leste’s shock scrapping of major township project
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
US-China summit: Trump sees ‘better’ ties, Xi warns over Taiwan, as talks conclude
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think