KPJ Healthcare Berhad

KPJ Healthcare Berhad

The defensive nature of the healthcare industry makes it an ideal segment during times of global economic uncertainty.

The defensive nature of the healthcare industry makes it an ideal segment during times of global economic uncertainty. KPJ Healthcare, one of the more sought-after players in Malaysia's private healthcare services industry, commands 24% market share OSK Research considers KPJ Healthcare an excellent choice for long-term investment and portfolio balancing, offering growth potentioal in a defensive sector.

KPJ Healthcare's net profit in 2QFY2011 ended June 30 rose slightly to RM30.16 million from RM29.16 million a year earlier. Revenue increased nearly 15% to rm470.9 million from rm410.24 million previously. It has declared a second net interim dividend of 2.5 sen.

KPJ Healthcare is in the midst of completing a new hospital KPJ Klang which will be opened to the public in 4Q2011.