{"id":154007,"date":"2025-11-26T14:38:10","date_gmt":"2025-11-26T14:38:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/154007\/"},"modified":"2025-11-26T14:38:10","modified_gmt":"2025-11-26T14:38:10","slug":"ihh-healthcare-books-higher-3q-profit-of-rm616m-eyes-india-growth-following-fortis-acquisition","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/154007\/","title":{"rendered":"IHH Healthcare books higher 3Q profit of RM616m, eyes India growth following Fortis acquisition"},"content":{"rendered":"<p>KUALA LUMPUR (Nov 26): IHH Healthcare Bhd\u2019s (KL:<a href=\"https:\/\/theedgemalaysia.com\/askedge\/klse\/5225\" class=\"ce-stock\" target=\"_blank\" rel=\"nofollow noopener\">IHH<\/a>) 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.<\/p>\n<p>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.<\/p>\n<p>No dividend was declared for the quarter under review.<\/p>\n<p>\u201cWe reported strong financial performance even as we continue on our multi-year transformation to anticipate changes and capture longer-term opportunities in the industry,\u201d said IHH Group chief executive officer Dr Prem Kumar Nair.<\/p>\n<p>\u201cAs we continue to drive capital efficient growth through transformation and clinical leadership, we expect to maintain solid margins and returns,\u201d he added.<\/p>\n<p>For the nine months of FY2025, IHH Healthcare\u2019s 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.<\/p>\n<p>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.<\/p>\n<p>In Singapore, it expects Mount Elizabeth Orchard\u2019s 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.<\/p>\n<p>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.<\/p>\n<p>\u201cThe transformation will be driven by seven focus areas \u2014 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.<\/p>\n<p>\u201cThe 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,\u201d it added.<\/p>\n<p>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.<\/p>\n","protected":false},"excerpt":{"rendered":"KUALA LUMPUR (Nov 26): IHH Healthcare Bhd\u2019s (KL:IHH) net profit rose 15.36% to RM616 million for the third&hellip;\n","protected":false},"author":2,"featured_media":154008,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[163,521,85,46],"class_list":{"0":"post-154007","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-health","9":"tag-healthcare","10":"tag-il","11":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/154007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=154007"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/154007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/154008"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=154007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=154007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=154007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}