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KUALA LUMPUR: KPJ Healthcare Bhd registered a 69.74% slide in net profit to RM12.66mil in the second quarter ended June 30, 2020, as compared to RM41.83mil in the previous corresponding quarter due to business disruption from the movement control order.
New management hopes to raise the bar going forward
PETALING JAYA: KPJ Healthcare Bhd is expected to see a recovery of 50% to 60% in occupancy rates at its Malaysian hospitals by the second half of the year, said CGS-CIMB.
PETALING JAYA: PublicInvest Research has upgraded its call on KPJ Healthcare Bhd to “outperform” from “neutral” with a target price of 95 sen
KUALA LUMPUR: Stocks to watch on Monday include AirAsia X Bhd (AAX), KPJ Healthcare Bhd, Willowglen MSC Bhd, Lotte Chemical Titan Holdings Bhd, Tune Protect Group Bhd and Lotte Chemical Titan Holdings Bhd, according to JF Apex Research.
PETALING JAYA: KPJ Heathcare Bhd has proposed to dispose of its entire 80% stake in PT Khidmat Perawatan Jasa Medika (KPJM) to Irfan Jasri and Annie Trisusilo for around RM28mil.
KUALA LUMPUR: Malaysia’s global leadership in setting standards for halal pharmaceuticals has served to facilitate the successful entry of domestic pharmaceutical manufacturers into the international halal pharmaceutical market, which is forecast to be valued at US$134bil by 2024.
PETALING JAYA: The overall earnings performance for private healthcare is expected to be lacklustre this year, as patients have been delaying or opting out of non-chronic treatments to avoid Covid-19 infections.