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IHH Healthcare reports earnings of RM493 million for 1QFY2022, up 31% y-o-y

Khairani Afifi Noordin
Khairani Afifi Noordin • 2 min read
IHH Healthcare reports earnings of RM493 million for 1QFY2022, up 31% y-o-y
Revenue in 1QFY2022 was up 6% y-o-y to RM4.1 billion as the company saw growth in its key markets.
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Hospital operator IHH Healthcare has reported earnings of RM493 million ($154.8 million), up 31% y-o-y for its 1QFY2022 ended March 31.

This translates to a basic earnings per share (EPS) of 5.36 sen for the quarter, compared to EPS of 4.04 sen a year ago.

Revenue in the same period was up 6% y-o-y to RM4.1 billion as the company saw growth in its key markets, with a rebound in domestic patient revenue, contribution from delivery of Covid-19 related services and a continued ramp-up of operations at Gleneagles Hong Kong Hospital (GHK).

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