ASIA's largest private hospital operator IHH Healthcare on Wednesday posted a fivefold jump in net profit for the fourth quarter to RM509 million from RM101 million a year ago, led by stronger operational performance and boosted by foreign exchange gains from its Turkish hospital Acibadem's non-Lira borowings.
Earnings before interest, tax, depreciation and amortisation for the three months to end-December 2018 rose 18 per cent to RM724 million, thanks to stronger operational performance across its home markets Malaysia, Singapore and Turkey.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can Budget 2019 healthcare budget combat Singaporean doctors’ practice of defensive medicine?The 2019 healthcare budget designed to mitigate financial burden of Singaporeans, may not be enough to meet “healthcare requirements” of those sent to pointless medical tests, procedures, and consultations as a result of defensive medicine practice
Source: IndependentSG - 🏆 2. / 72 Read more »
Frencken Group doubles Q4 net profit on jump in mechatronics revenueMAINBOARD-LISTED technology solutions provider Frencken Group saw earnings almost double in the fourth quarter on a jump in turnover, according to unaudited financial statements released on Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
ISEC Healthcare Q4 profit up 10%; declares special dividend of 0.98 S cent/shareISEC Healthcare reported a 10 per cent rise in fourth-quarter net profit to S$2.3 million from S$2.1 million in the year-ago period on strong demand for its specialist eye care services. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Best World posts 29% higher Q4 net profit on transition to franchise modelBEST World reported late on Tuesday a 28.9 per cent rise in net profit for its fourth quarter from a year ago, on a surge in revenue and higher gross margins. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Roxy-Pacific Q4 net profit falls 27% to S$5.93mPROPERTY group Roxy-Pacific Holdings on Thursday posted a 27 per cent year-on-year drop in net profit to S$5.93 million for the fourth quarter ended Dec 31. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Sembcorp Marine's Q4 net profit dives 94.9%Continued low business volume, asset impairment and accelerated depreciation took a heavy toll on offshore group Sembcorp Marine in the fourth quarter. Net profit dived 94.9 per cent to $5.9 million for the three months to Dec 31, although revenue edged up 0.2 per cent to...
Source: thenewpaper - 🏆 7. / 63 Read more »
Hi-P International posts 25% fall in Q4 net profit amid US-China trade warMAINBOARD-LISTED contract manufacturer Hi-P International plans to diversify its customer base and keep expanding outside of China, as various challenges beset the smartphone industry, which it serves. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
OCBC's Q4 net profit falls 10%, misses estimatesSINGAPORE: Oversea-Chinese Banking Corp (OCBC) missed market estimates by reporting a 10 per cent drop in quarterly profit on Friday (Feb 22), hit ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
UOB posts record net earnings for 2018, lower Q4 profit amid market uncertaintiesSINGAPORE: United Overseas Bank (UOB) on Friday (Feb 22) reported record net earnings of S$4.01 billion for the full year of 2018, the bank said ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »