KPJ set to gain from opening of new hospitals

TheStar Fri, Jun 07, 2019 08:20am - 4 years View Original


PETALING JAYA: KPJ Healthcare Bhd is set to see improved earnings going forward from the opening of new hospitals and resilient demand for quality private healthcare.

BIMB Securities Research, in a report earlier this week, said the company is set to open three hospitals this year, namely KPJ BDO, Kuching and Miri.

Revenue is also set to gain from the group’s mature hospitals, against an ageing nation backdrop.

“However, we remain cautious over potential earnings dilution from gestation period of new hospitals,” said the research house.

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