PETALING JAYA: IHH Healthcare Bhd
saw double-digit year-on-year (y-o-y) gains in both top and bottom lines in its latest third quarter ended Sept 30 (3Q25).
The private hospital group’s net profit for the quarter grew year-on-year by 15.4% to RM616mil while quarterly revenues rose by 16.4% to RM6.57bil.
“We reported strong financial performance even as we continue on our multiyear transformation to anticipate changes and capture longer term opportunities in the industry.
“Despite payor pressures and cost inflation, Malaysia grew strongly as it pivots towards a daycare focus and as medical tourism share rises,” said IHH’s group chief executive officer Dr Prem Kumar Nair in a statement.
“In India, Fortis and Gleneagles are realising synergies through their closer operational partnership, while Singapore saw its flagship Mount Elizabeth Orchard fully reopen during the quarter.
“As we continue to drive capital efficient growth through transformation and clinical leadership, we expect to maintain solid margins and returns,” Prem added.
IHH said its revenue and earnings before interest, taxes, depreciation, and amortisation had both grew 16% y-o-y on solid performances across key markets, with notably strong performance in Malaysia and India.
The group said it had seen sustained progress on its transformation plan, especially in Malaysia and India, to be less capital intensive and future ready.
It said it also continued to double down on its differentiated clinical and care excellence.
In India, the group said formal operations and maintenance services agreement between Fortis Healthcare and Gleneagles India had forged closer operational integration and clinical synergies, bringing about greater operational efficiencies and growth opportunities.
