bullish
KPJ Healthcare (KPJ MK): 3Q22 Result- Continued Improvement in Operating Parameters
346 Views04 Dec 2022 22:21
SUMMARY
- KPJ Healthcare (KPJ MK) is seeing a resurgence in elective medical procedures and recovery of the health tourism sector. In Q3, total revenue hit highest level in last two years.
- Growth was mainly driven by the improving hospital activities evidenced by the increase in patient visits and bed occupancy rate. Bed occupancy has reached pre-pandemic level.
- KPJ Healthcare has opened new flagship quaternary level smart hospital, Damansara Specialist Hospital 2 in September. The new hospital will add value and accelerate further growth for the company.
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Tina Banerjee
Global Healthcare Analyst
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