Expansion to bolster IHH Healthcare earnings


PETALING JAYA: IHH Healthcare Bhd is forecast to record three-year forward revenue and earnings before interest tax depreciation and amortisation (Ebitda) at a compounded annual growth rate (CAGR) of 13% overall.

The hospital operator’s India and Malaysia arms were expected to chart robust three-year forward Ebitda CAGR of 20% and 19%, respectively, driven by bed expansion plans and acquisition of Island Hospital in the case of Malaysia, said Maybank Investment Bank Research (Maybank IB Research).

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