KPJ Healthcare Berhad

KPJ POSTS RM21M NET PROFIT FOR Q1

The Star - Hospital operator KPJ Healthcare Bhd posted first quarter net profit of RM21.7mil for the period ended March 31, 2008, up 90% from RM11.41mil a year ago.

KUALA LUMPUR: Hospital operator KPJ Healthcare Bhd posted first quarter net profit of RM21.7mil for the period ended March 31, 2008, up 90% from RM11.41mil a year ago.


It said Wednesday profit before taxation for Q1 increased by 95.0% to RM31.4mil from RM16.1mil a year ago mainly due to higher activities recorded by the hospitals and also contributions from its newly acquired hospital.


Revenue was RM304.72mil, up 18.6% from RM256.87mil. Earnings per share was 10.52 sen compaed with 5.57 sen.


KPJ said it was optimistic that the group’s financial performance for the current year would continue to be encouraging.