Higher earnings likely for IHH


RHB Investment Bank Research has revised up earnings estimates of the company and upgraded IHH stock to a “buy”

KUALA LUMPUR: Following the strong contribution from its Singapore operations that led to IHH Healthcare Bhd’s financial year (FY) 2020 earnings beating expectations, RHB Investment Bank Research has revised up earnings estimates of the company and upgraded the stock to a “buy”.

The research firm said FY20 core net profit of RM715mil made up 128% and 134% of its and consensus full-year expectations.

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