Welcome!
IHH Healthcare (IHH)
Company in the news
Mitsui weighs buyout of $15.88 bil for IHH Healthcare
Shares in Kuala Lumpur closed up 7.7% following the Bloomberg News report, their biggest intraday move since March 2020.
May 07, 2021
M&A
IHH Healthcare mulls sale of education arm
Deliberations are ongoing and there is no certainty that IHH will proceed with a transaction, according to insiders.
March 05, 2021
Results
IHH Healthcare reverses into the black with 3Q earnings of RM310.0 mil, reports 'firm recovery' for the quarter
This translates to basic earnings per share (EPS) of 3.28 sen for the quarter, compared to EPS of 2.44 sen a year ago.
November 26, 2020
Broker's Calls
'Buy' IHH Healthcare for its deep pockets and gradual patient volume recovery in 2H20: analysts
“We believe IHH has sufficient financial strength to tide it through the difficult times, as it also works to defer its non-critical expansion plans and further pare down its non-lira debt exposure,” says CGS-CIMB analyst Ngoh Yi Sin.
June 30, 2020
Results
IHH Healthcare reports loss of RM319.8 mil for 1Q20
Private healthcare operator IHH Healthcare reported a net loss of RM319.8 million ($103.8 million) for 1Q20, from the RM89.5 million profit a year ago.
June 29, 2020
Results
IHH Healthcare's earnings plummet 92% in 4Q, but declares dividend of RM4 cents
IHH Healthcare group is pursuing a new strategy for the next decade, says Kelvin Loh, IHH’s Managing Director and CEO.
February 28, 2020
Healthcare
IHH's journey to become one of the largest healthcare groups in the world
SINGAPORE (Apr 15): With operations in more than 10 countries, IHH Healthcare may be one of the world’s largest healthcare groups in the world. But it still has to grapple with rising costs, competition and scandal. The Edge Malaysia recently caught up
April 15, 2019
Results
IHH Healthcare reverses into the red in 3Q on forex losses
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.
November 27, 2018
Results
IHH Healthcare reports 48% fall in 2Q earnings to $55 mil on absence of divestment gain
SINGAPORE (Aug 28): IHH Healthcare, the private healthcare operator which acquired a controlling stake in India’s second-largest hospital chain Fortis Healthcare in July, reported a 48% fall in 2Q18 earnings to RM165.11 million ($55 million) from a year
August 28, 2018
Broker's Calls
Raffles Medical a potential beneficiary of new healthcare initiatives
SINGAPORE (Aug 21): Raffles Medical Group, which operates over 80 CHAS-approved clinics in Singapore, could see a lift in its local patient load given the new healthcare initiatives launched by the government.
August 21, 2018