SINGAPORE (Nov 27): IHH Healthcare is kept at ‘hold’ at Maybank Kim Eng following Q3 earnings that met expectations.

For the three months to Sept 30, the healthcare group posted growth in core PATMI of 26% y-o-y.

The drivers were multi-prong. A stronger Singdollar, which lifts the IHH earnings reported in Ringgit; higher revenue per patient in Malaysia and Turkey. These helped to offset weaker patient and lower revenue per patient in Singapore.

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