KUALA LUMPUR (Nov 26): IHH Healthcare Bhd’s (KL:IHH) net profit rose 15.36% to RM616 million for the third quarter ended Sept 30, 2025 (3QFY2025) from RM534 million a year earlier, supported by stronger contributions from day care services and improved cost containment, particularly in Malaysia and India.
The healthcare group, which recently completed its acquisition of Fortis in India, recorded a 16.43% rise in quarterly revenue to RM6.57 billion from RM5.64 billion in the same quarter last year.
No dividend was declared for the quarter under review.
“We reported strong financial performance even as we continue on our multi-year transformation to anticipate changes and capture longer-term opportunities in the industry,” said IHH Group chief executive officer Dr Prem Kumar Nair.
“As we continue to drive capital efficient growth through transformation and clinical leadership, we expect to maintain solid margins and returns,” he added.
For the nine months of FY2025, IHH Healthcare’s net profit declined 18.29% to RM1.57 billion from RM1.93 billion, due to higher costs although revenue rose 8.31% to RM19.16 billion from RM17.69 billion.
Looking ahead, IHH Healthcare said it remains confident in its growth trajectory amid rising healthcare demand in its core markets. In Malaysia, the group will continue to address payor pressure and inflation through more efficient care delivery.
In Singapore, it expects Mount Elizabeth Orchard’s performance to stabilise by the second quarter of 2026. IHH Healthcare also noted that its full participation in the National Electronic Health Record (NEHR) initiative will enable faster, more informed decision-making and operational efficiency.
Following the completion of the Fortis acquisition in India, IHH Healthcare said it now has greater flexibility to pursue growth and optimise its capital structure in the country. These efforts form part of its multi-year transformation agenda aimed at future-proofing the business and accelerating growth.
“The transformation will be driven by seven focus areas — clinical excellence, patient experience, new care models, operational excellence, payor and regulator engagement, employee and doctor value proposition, and the advancement of technology, data and artificial intelligence.
“The group will focus on driving profitability and sustaining healthy ROE (return on equity) while maintaining prudent capital management and mitigating inflationary and interest rate pressures,” it added.
Shares of IHH Healthcare closed up three sen or 0.37% to RM8.07 on Wednesday, giving it a market capitalisation of RM71.31 billion.