IHH's Q2 net profit falls 48% on absence of one-off gain

Singapore

PRIVATE healthcare provider IHH Healthcare's second-quarter net profit slid 48 per cent to RM165.11 million (S$54.9 million) in the absence of a one-off divestment gain that was chalked up in the corresponding quarter a year ago.

Q2 FY17 included a one-off gain of RM241.1 million from the divestment of Apollo Hospitals.