Digital venture boost for IHH Healthcare

IHH's Pantai Hospital in KL

PETALING JAYA: IHH Healthcare Bhd is likely to see lower quarter-on-quarter earnings for its third quarter financial year ended Sept 30, 2021 (Q3FY’21) although the bottom line for the quarter should be higher year-on-year, says AmInvestment Bank Research.

The research unit said IHH Laboratory is expected to see lower revenue in Q3FY’21 due to lower Covid-19 tests, as Covid-19 daily new cases in India have eased to 20,000 cases in September from the peak of 400,000 cases in May.