Hospital operator IHH Healthcare has reported earnings of RM550 million ($177.6 million), up 77% y-o-y, for its 3QFY2021 ended Sept 30. Revenue in the same period was up 26% y-o-y to RM4.4 billion, as patient volume increased across the various markets it operates. 

IHH enjoyed more business too also with higher demand for pandemic-related services contracted by the local authorities, such as providing vaccination and screening and testing.

The bottomline, meanwhile, enjoyed a one-off lift from the recognition of a previously unrecognised deferred tax asset by Acibadem Holdings, IHH’s Turkey operations.

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