More corrective surgeries to lift Optimax’s earnings


Maybank IB Research said Optimax also stands to benefit from the completion of the Johor Baru–Singapore Rapid Transit System.

PETALING JAYA: Optimax Holdings Bhd’s earnings are expected to recover this year, on the back of continued growth in total surgery numbers, normalisation of pre-operation costs, as well as the completion of a transit system linking Johor and Singapore.

Maybank Investment Bank Research (Maybank IB Research) said that the eye specialist services provider’s new ambulatory care centres (ACC) in Petaling Jaya, Sabah and Cambodia, which were expected to be fully operational in the second half of 2024, would boost surgery capacity in line with higher demand for eye-care in Malaysia.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Watts from water
Singapore’s financial sector a big winner
Up in Arms - or up the value chain?
Asia bonds for diversification
Smart city can’t beat the traffic
Powering a new reinvestment cycle as demand surges
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read