IHH Healthcare Bhd Reports Revenue Growth Amid Profit Decline

IHH Healthcare Bhd ( (IHHHF) ) has released its Q1 earnings. Here is a breakdown of the information IHH Healthcare Bhd presented to its investors.

IHH Healthcare Bhd, a leading healthcare provider in the Asia-Pacific region, operates hospitals and healthcare facilities across several countries, including Malaysia, Singapore, India, and Turkey. The company is known for its comprehensive healthcare services and strategic investments in the healthcare sector.

In its latest earnings report for the first quarter of 2025, IHH Healthcare Bhd reported a 6% increase in revenue compared to the same period last year, reaching RM6,294 million. Despite this growth, the company’s profit for the period saw a significant decline of 32% to RM625 million, attributed to various factors including increased operating expenses and hyperinflationary adjustments in Turkey.

Key financial highlights include a 7% increase in revenue from the Hospital and Healthcare segment, driven by sustained demand for healthcare services and strategic acquisitions such as Island Hospital. However, the company’s EBITDA decreased by 2%, impacted by higher staff costs and operating expenses. The Labs segment experienced a 3% decline in revenue, while PLife REIT’s revenue increased by 15%, supported by recent acquisitions.

Looking forward, IHH Healthcare Bhd remains focused on expanding its capacity and enhancing service offerings to meet the growing demand for healthcare services. The management is optimistic about the company’s strategic initiatives and investments, which are expected to drive future growth despite current economic challenges.