Excluding exceptional items, headline earnings would have more than doubled to RM309 million from a year ago as a result of the stronger operational performance and forex gains from a stronger US dollar on IHH’s USD-denominated cash balances
SINGAPORE (Nov 27): IHH Healthcare reported an attributable loss of RM104.1 million ($34.2 million) for the 3Q ended Sept, compared to earnings of RM82.1 million a year ago.
This was mainly due to recognising foreign exchange losses of RM752.5 million on Acibadem Holding’s non-Turkish Lira denominated borrowings.
