Solid showing for hospital operators set to continue


Kenanga Research has an “overweight” call on the healthcare sector.

PETALING JAYA: Private hospital operators like IHH Healthcare Bhd and KPJ Healthcare Bhd continue to be favoured by Kenanga Research due to their market presence, pricing power and sustained demand.

The research house, which has an “overweight” call on the healthcare sector, noted that the companies posted solid financial results in the recent third quarter (3Q24) with higher revenues and yields on increased patient treatments.

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