IHH Healthcare Q1 net profit up 37%

SINGAPORE - Healthcare giant IHH Healthcare posted a net profit for the three months to March 31, rising 37 per cent per cent to RM235.5 million (S$79.1 million), including one-off items, compared with the same period a year ago.

Stripping out one-off items, first-quarter net profit rose 5 per cent to RM238.3 million. while revenue jumped 24 per cent to RM2.48 billion.

Quarterly earnings per share was 2.9 sen, up from 2.78 sen a year ago, excluding one-off items.

Net asset value per share was RM2.61 as at March 31, slightly down from RM2.69 as at Dec 31 last year.

rachaelb@sph.com.sg