PETALING JAYA: With travel bans and lockdowns currently being imposed in its key markets such as Singapore as a result of the Covid-19 virus outbreak, the second quarter of 2020 could possibly be IHH Healthcare Bhd’s (IHH) worst quarter in its current financial year ending Dec 31 (FY20).
Recovery for the owner of hospitals, however, could come back as soon as the third quarter even as restrictions are lifted, noted Maybank Investment Bank in a research report.
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