The quarter’s loss was mainly attributable to the lower operating performance and the realisation of foreign exchange (fx) loss of RM94.8 million from the translation of non-Turkish lira borrowings.
IHH Healthcare, which oversees Singapore-based Parkway Pantai and Gleneagles Hospital, has posted a net loss of RM120.6 million ($39.5 million) for 2Q20 ended June, from the RM185.0 million a year ago.
This brings the total amount of losses for the group to RM440.4 million for 1H20 compared to earnings of RM274.5 million in 1H19.
