IHH Healthcare Bhd group chief executive officer Dr Prem Kumar Nair.
KUALA LUMPUR: IHH Healthcare Bhd
said it remains confident in its growth trajectory amid rising healthcare demand both domestically and across its key markets.
“We have initiated a multi-year transformation plan to future-proof our business through continuous improvements and accelerate our growth priorities,” the healthcare group said in a statement.
IHH said its transformation will be driven by seven focus areas: clinical excellence, patient experience, new care models, operational excellence, engagement with payors and regulators, enhancing employee and doctor value propositions, and advancing technology, data and artificial intelligence.
“The group expects continued revenue growth driven by healthcare megatrends and will focus on driving profitability and sustaining healthy ROE while maintaining prudent capital management and mitigating inflationary and interest rate pressures,” it said.
In the second quarter ended June 30 (2Q25), IHH’s net profit fell 29% to RM443mil, or 5.02 sen per share, bringing first-half profit 31.2% lower at RM957mil, or 10.85 sen per share.
The group said the lower profit was mainly due to a lower net monetary gain from the application of MFRS 129, and the recognition of deferred tax credit last year arising from the revaluation of certain assets in Türkiye as allowed by the Türkiye government.
Quarterly revenue, however, rose 3.4% to RM6.3bil, lifting first-half revenue to RM12.6bil.
IHH said the revenue growth was mainly attributed to increased contributions from Malaysia and Türkiye & Europe.
The board declared an interim dividend of 5 sen per share for the financial year ending Dec 31, 2025, payable on Oct 30 to shareholders on record as of Sept 30.
Group chief executive officer Dr Prem Kumar Nair said IHH delivered a resilient 2Q25 performance, supported by stronger inpatient volumes and higher revenue intensity across its key markets.
“HH Group’s growth and transformation framework put in place since 2023 has allowed the group to plan ahead and respond to structural shifts in care model from inpatient to daycare as we have anticipated and are already seeing in Singapore and Malaysia,” he said.
“The Group is also further progressing on its transformation journey by embarking on a multi-year digital transformation journey, modernising platforms across our core markets by implementing C+ERM in Singapore and India first followed by other countries.
