KUALA LUMPUR: PMCK Bhd
’s net profit more than tripled to RM3.05mil for the first quarter ended July 31, 2026 (1QFY27), from RM880,000 a year earlier, driven by higher revenue and the absence of one-off listing expenses.
The private healthcare services provider said revenue rose 5.2% to RM22.89mil from RM21.76mil, mainly due to higher inpatient revenue following improved admissions and bed occupancy.
PMCK said its participation in the Health Ministry’s Hospital Services Outsourcing Programme (HSOP), which runs from May to September 2026, was the main contributor to the increase in inpatient activity.
The group also benefited from the absence of initial public offering listing expenses incurred in the corresponding quarter last year, while other income increased mainly due to fair value gains on short-term investments.
As at July 31, PMCK’s total assets stood at RM228.05mil, compared with RM220.32mil at end-April, while total equity increased to RM165.24mil from RM162.19mil.
The group had cash and bank balances of RM16.81mil, fixed deposits of RM11.10mil and short-term investments of RM61.94mil. Total borrowings stood at RM43.72mil.
Managing director Datuk Lee Gaik Cheng said the improvement in inpatient admissions and bed occupancy, together with the HSOP, supported revenue and profit growth during the quarter.
“Our first-quarter performance underscores the resilience of our core healthcare operations and the strong demand for quality private healthcare services.
“The improvement in inpatient admissions and bed occupancy, together with our continued participation in the HSOP, allowed us to deliver meaningful growth in both revenue and profitability during the quarter," she said in a statement.
Lee said the group would continue investing in its capabilities, including the development of Putra Medical Centre Kulim, while maintaining cost discipline.
The group remains cautiously optimistic about its prospects for the financial year ending April 30, 2027, supported by demand for private healthcare services and efforts to expand its service capabilities and capacity.
