![]() in modern society. "Healthcare has become increasingly complex and it puts a strain on the modern family structure ... The hectic careers of children and the desire for independence ... aged parents also want the option of living on their own. Modem geriatric centres are an ideal option, as they open up a whole new world of independence with professional care and support for the elderly," she said.
In addition, the company has an education venture through KPJ International University College of Nursing and Health Sciences.
The company earlier indicated that it plans to invest RM120 million in the physical expansion of its education facilities, in order to grow the segment’s annual revenue to RM100 million from RM30 million in 2010.
"We have continuously identified opportunities for growth and it is this passion to innovate and explore new revenue streams that has led us to see medical tourism and care for the aged as potential growth areas.
As the industry continues to evolve and change, we strive to be a catalyst for that change and ensure that we remain a legder said Sa’adiah.
The company has shown consistent growth in earnings, both net profit and revenue have Increased In each of the five years leading to 2010.
For the first nine months of 2011, net profit rose 6% to RM92.2 million from RM86.6 million in the previous year.
Revenue improved 13% to RM1.38 billion from RM1.22 billion. The company is due to release its full-year results soon.
Sa’adish said KPJ’s performance in 2011 was consistent with the growth achieved in previous years and met the company’s target four the next year.
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