, Singapore

IHH Healthcare’s net profit jumps 17% to $273m in FY15

Thanks to robust performances in all its divisions.

Bolstered by raised gross profit and the reversion of a tax over-provision made in the previous year, IHH Healthcare Berhad (IHH) closed FY15 with a 17% YoY surge in operational net profit to RM820m, or roughly $273m.

According to the company’s media release, IHH saw robust revenue growth across its segments, which in turn lifted earnings before interest, tax, depreciation, and amortisation (EBITDA).

In FY15, Parkway Pantai saw a 22% YoY revenue spike to RM1.4b, and a 9% EBITDA climb to $319.2m; Acibadem Holdings reported a 13% growth to RMB813.1m, and a 2% increase to RM150m; and IMU Health enjoyed an 7% YoY pick-up in revenue to RM60.2m which led to a whopping EBITDA hike of 68% to RM20m.

The only blemish to the year’s results was PLife REIT, which registered a 4% dip in EBITDA to RM134.9m despite a 29% surge in external revenue.

Looking ahead, IHH expects headwinds to persist from the slowing economies and fluctuation of regional currencies in the countries it operates in. The company asserts, though, it is confident that it will breeze past these headwinds thanks to its strong brands and hospital network.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.