
KUALA LUMPUR (Aug 27): Private healthcare group IHH Healthcare Bhd (KL:IHH) saw its net profit for the second quarter rise 29.3%, underpinned by sustained demand, a more complex patient case mix and price adjustments to counter inflation.
Net profit for the three months ended June 30, 2026 (2QFY2026) rose to RM573 million from RM443 million in the same quarter a year earlier, according to its bourse filing on Thursday.
Earnings per share rose to 6.48 sen from 5.02 sen.
It declared an interim dividend of 5.5 sen per share, to be paid on Oct 30.
Revenue for the quarter increased 11.9% to RM7.05 billion from RM6.3 billion, on higher patient volumes and improved revenue per inpatient admission in select strategic business units.
Improved contributions from the Turkiye and Europe unit, in particular, coupled with Malaysia and Greater China units, offset declines in Singapore and India.
For the cumulative six months, net profit increased 15% year-on-year (y-o-y) to RM1.1 billion, while revenue rose 8% to RM13.6 billion.
Demand for quality healthcare across its key markets remains resilient, IHH said, underpinned by favourable demographic trends, increasing healthcare awareness and growing demand for specialised and complex care services.
“While the operating environment is influenced by broader macroeconomic and geopolitical uncertainties, the group remains focused on executing its long-term strategy to deliver sustainable growth and value creation,” it added.
Shares of IHH ended eight sen, or 0.97%, lower at RM8.15, valuing the group at RM72.01 billion.