IHH Healthcare reports Q1 loss of RM319.8m
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IHH Healthcare sank into the red for the first quarter to March, weighed down by impairment on an investment in India and foreign currency translation losses.
The Malaysia-registered hospital operator, which is dual-listed on both sides of the Causeway, reported a loss of RM319.8 million (S$104.1 million) for the FY2020 first quarter, against earnings of RM89.5 million a year ago. Loss per share was 3.9 sen, versus earnings per share of 0.78 sen for the preceding year.
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