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Home / News / Results

IHH records 933% y-o-y jump in 4QFY20 earnings

Results

IHH records 933% y-o-y jump in 4QFY20 earnings

The Edge Singapore Published on Fri, Feb 26, 2021 / 10:24 PM GMT+8

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IHH Healthcare has reported 4QFY2020 earnings of RM419.4 million, up 933% from RM40.6 million in the year earlier period. Revenue in the same period was slightly down by 2% y-o-y to RM3.77 billion.

The healthcare group, which operates in ten markets, attributes the better numbers to better cost control, various government subsidies, revaluation of properties and also the return of patients since June last year.

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