PETALING JAYA: KPJ Healthcare Bhd
, a leading public-listed private hospital operator in Malaysia, appears to be the favourite of research houses at the moment because of its growth potential and undemanding valuations.
AmInvestment Bank Research, which has chosen KPJ as its top pick in the healthcare sector, said KPJ’s earnings before interest, taxes, depreciation and amortisation margins improved 3.7 percentage points year-on-year (y-o-y) to 16.7% in the first quarter of 2019 on the back of cost-optimisation initiatives.
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