IHH Healthcare’s 2Q net profit doubles to RM623mil

KUALA LUMPUR: IHH Healthcare Bhd’s net profit increased to RM623mil in the second quarter ended June 30, 2024 (2Q24) from RM301mil in 2Q23.

The strong performance was boosted by the strong operational performance, as well as the positive impact of deferred tax credits and net monetary gains from the application of MFRS 129, the healthcare group said in a Bursa Malaysia filing yesterday.