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IHH Healthcare's Q1 profit rises 37%

Exchange loss falls to RM5.8 million in Q1 2016 from RM116.4 million in Q1 2015

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Published Thu, May 26, 2016 · 09:50 PM

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IHH Healthcare Berhad

Singapore

AGAINST a lower base in the year-ago period, mainboard-listed IHH Healthcare Berhad has reported a 37 per cent year-on-year jump in its first-quarter net profit to RM235.5 million (S$79.5 million), or earnings per share of 2.86 sen.

The lower base was a result of RM116.4 million in exchange loss on the non-Turkish lira borrowings of IHH's indirect subsidiary, Acibadem Holdings, that had been recognised in Q1 2015, compared to an exchange loss of RM5.8 million in Q1 2016.

IHH Healthcare

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