Sector: Health Services, Industry: Hospital/Nursing Management

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Ageing trend supports spending, but earnings of stocks dip on costs

20 Dec 2019 - The Edge Markets
SINGAPORE (Dec 20): Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are more likely to contract a chronic illness at an earlier age. Moreover, nearly half or 49% of the 203 doctors surveyed note that Singaporeans ...
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IHH Healthcare reverses loss with $77m profits in Q3

3 Dec 2019 - Singapore Business Review
Contributions from recently-acquired hospitals boosted its growth. IHH Healthcare's headline profits after tax and minority interests (PATMI) hit $77.34m (RM236.3m) in Q3, reversing a $34.07m (RM104.1m) loss from the previous corresponding quarter. Revenue jumped 33% to $1.24b (RM3.79b) over the same ...
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Singapore shares rise at Monday's open; up 0.31%

2 Dec 2019 - The Business Times
SINGAPORE stocks opened slightly higher on Monday tracking gains in Tokyo amid news that China's November factory activity rebounded for the first time in seven months. Singapore’s Straits Times Index headed up 0.31 per cent or 9.87 points to 3,203.79 as at 9.16am. Gainers outnumbered losers 101 to 46, ...
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Stocks to watch: China Everbright, IHH Healthcare, Keppel Reit, Uni-Asia, Casa

2 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Monday: China Everbright Water: The company has secured two waste water treatment projects in China with a total investment of about 279 million yuan (S$54.2 million). For Dalian Zhuanghe Waste Water Treatment Project ...
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Stocks to watch: FLT, FCOT, China Everbright, IHH Healthcare, Keppel Reit, Uni-Asia, Casa

2 Dec 2019 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Monday: Frasers Logistics & Industrial Trust (FLT) and Frasers Commercial Trust (FCOT): A S$1.54 billion merger between between (FLT) and FCOT has been proposed by the managers of both real estate investment trusts ...
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IHH Healthcare denies collusion with former Fortis owners

20 Nov 2019 - Singapore Business Review
Its subsidiary only acquired shares after the exit of its erstwhile owners. Malaysian-Singaporean IHH Healthcare has not made any deals with the former owners of India-based Fortis Healthcare, the company said in an SGX filing. IHH clarified that its subsidiary Northern TK Venture (NTK) acquired shares ...
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Malaysia hospital developments could uplift IHH earnings

4 Jun 2019 - Singapore Business Review
It is also beginning to reap better contributions from Fortis. IHH Healthcare delivered a strong start in 2019 as profits climbed 56.39% YoY to $29.42m (MYR89.51m). Its stellar performance is expected to be sustained amidst further development of hospitals in Pantai Manjung, Kota Kinabalu and Medini ...
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IHH Healthcare profits surged 56.39% to $29.42m

31 May 2019 - Singapore Business Review
Parkway Pantai’s revenue climbed 49% to $847.49m. IHH Healthcare began the year on a bright note as its profits climbed 56.30% YoY to $29.42m (MYR89.51m) in Q1 from $18.81m (MYR57.23m) during the same period a year ago. Revenue also jumped 17.19% YoY to $1.20b (MYR3.64b) from $940m (MYR2.85b) in Q1 2018. ...
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Bursa bucks key Asian markets as Tenaga, IHH lift KLCI

29 May 2019 - The Star Online
KUALA LUMPUR: Bursa Malaysia bucked the weaker key Asian markets to chalk up some solid gains on Wednesday, thanks to power giant Tenaga Nasional and IHH Healthcare. At 5pm, the FBM KLCI was up 9.1 points or 0.56% to 1,623.67. Turnover was 1.95 billion shares valued at RM1.83bil. Volume and value shrank ...
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IHH supportive of drug price control mechanism

28 May 2019 - The Star Online
KUALA LUMPUR: IHH Healthcare Bhd is supportive of the government’s moves to implement a price control mechanism for drugs in Malaysia. Its managing director and CEO Dr Tan See Leng said that there is a similar policy by the government in one of its home markets as well in India. “We understand the moves ...
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