PETALING JAYA: With the roll-out of the Covid-19 vaccines on the horizon, earnings prospects for the healthcare sector are looking positive not just for the short-term but also for the longer period on higher demand.
Although recovery in inpatient volume is only expected to be modest in 2021, AmInvestment Bank said earnings are set to pick up due to potential public-private collaborations, improved margins as a result of cost-cutting measures and a focus on low capex and gestational period projects.
Over a longer time period, the recovery in medical tourism, improved public health awareness and an aging population would drive the next level of growth in the healthcare sector, it added.
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