SINGAPORE (Nov 15): OCBC Investment Research is ceasing coverage on Health Management International (HMI) due to an internal reallocation of its resources.
In a Tuesday report, lead analyst Joseph Ng says the group’s 1Q18 results came in largely in line with expectations, with its PATMI of RM13.8 million forming 23.9% of FY18 forecasts partially due to the consolidation exercise that occurred earlier this year, resulting in 100% of the group’s net profit becoming attributable to shareholders.
