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Health Management International kept at 'add' on positive FY18 results

Samantha Chiew
Samantha Chiew8/29/2018 02:49 PM GMT+08  • 3 min read
Health Management International kept at 'add' on positive FY18 results
SINGAPORE (Aug 29): CGS-CIMB Securities is maintaining its “add” call on Health Management International (HMI) with a slightly lower target price of 79 cents.
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SINGAPORE (Aug 29): CGS-CIMB Securities is maintaining its “add” call on Health Management International (HMI) with a slightly lower target price of 79 cents.

This came on the back of yesterday's announcement that HMI's 4Q18 earnings increased by 43% to RM15.2 million ($5.1 million) from RM10.7 million in 4Q17 on higher revenue and improved margins.

FY18 earnings saw a significant increase to RM60.7 million from RM20.6 million in FY17.

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