Increased operations at Atasehir Hospital which opened in September 2022, the continuous ramp up of operations at GHK Hospital, as well as the acquisitions of Ortopedia in August 2022 and Kent in February 2023 also contributed to the increase.
IHH Healthcare (SGX:Q0F
) has reported earnings of RM2.95 billion ($836.3 million) for the FY2023 ended Dec 31, 2023, 91% higher than its earnings of RM1.55 billion for FY2022.
Revenue for the full-year period increased 16% y-o-y to RM20.93 billion as the group’s core non-Covid-19 revenues recovered strongly with local and foreign patients returned for treatment at its hospitals.
