KPJ expected to see recovery in occupancy

CGS CIMB expected total occupancy rates of about 52% for the financial year ending Dec 31,2020 (FY20), which is a slight dip from FY19’s occupancy rate of 67%.

PETALING JAYA: KPJ Healthcare Bhd is expected to see a recovery of 50% to 60% in occupancy rates at its Malaysian hospitals by the second half of the year, said CGS-CIMB.

The research house expected total occupancy rates of about 52% for the financial year ending Dec 31,2020 (FY20), which is a slight dip from FY19’s occupancy rate of 67%.