KUALA LUMPUR: Kenanga Research expects Prince Court Medical Centre Sdn Bhd to to contribute less than 1% to IHH Healthcare’s group earnings based on the hospital’s normalised FY18 net profit of RM26mil.
In its research note issued on Wednesday, it also said the acquisition will only put a small dent to IHH’s net gearing of 0.2 times as at June 30, 2019.
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