Healthcare sector earnings set to pick up pace

Malaysia is expected to receive its first batch of one million doses of the Pfizer Inc/BioNTech Covid-19 vaccine in February 2021 and AmInvestment believed that the first batch of vaccines would be administered in Q2 or Q3 this year.

PETALING JAYA: With the roll-out of the Covid-19 vaccines on the horizon, earnings prospects for the healthcare sector are looking positive not just for the short-term but also for the longer period on higher demand.

Although recovery in inpatient volume is only expected to be modest in 2021, AmInvestment Bank said earnings are set to pick up due to potential public-private collaborations, improved margins as a result of cost-cutting measures and a focus on low capex and gestational period projects.