Public Research: Covid-19 outbreak may impact IHH


UOBKayHian Research (UOBKH) said that it is trimming its 2020 and 2021 earnings estimates for the hospital group by 8% and 10% respectively to factor in the covid-19 outbreak impacting medical tourism, and adjust its margin assumptions.

PETALING JAYA: IHH Healthcare Bhd could be impacted by the Covid-19 outbreak that has spread around the globe currently.

According to Public Research, IHH’s hospitals might see lower foreign patient volume until the virus is effectively contained.

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