29-05-2025
- Business
- New Straits Times
KPJ Healthcare's Q1 net profit falls to RM57mil, revenue up to RM971.8mil
KUALA LUMPUR: KPJ Healthcare Bhd recorded a net profit of RM57 million in the first quarter (Q1) of March 31, 2025, down 20 per cent from RM71 million in the same period last year
Its revenue, however, increased 7.0 per cent to RM971.8 million from RM908 million previously, driven by the increase in patients' visits, as well as increased bed capacity.
In a filing with Bursa Malaysia, the hospital operator said Malaysia segment contributed about 98 per cent of its total revenue, a 7.0 per cent increase from RM892.5 million last year.
It added that the earnings before interest, taxes, depreciation and amortisation (Ebitda) of RM210.3 million in Q1 was higher by 9.0 per cent, while pre-tax profit stood at RM101.2 million.
Others segment recorded revenue of RM17.1 million for the current quarter, a 6.0 per cent increase from RM16.1 million previously.
The Ebitda fell to RM1.6 million due to the impairment of land in an oversea associate operation, amounting RM6.2 million.
Accordingly, its pre-tax loss decreased to RM3.4 million compared to a pre-tax profit of RM3.9 million previously.
"In March 2025, KPJ Healthcare opened its 30th hospital in Kuala Selangor, further advancing its capacity and reinforcing its position as Malaysia's largest private healthcare provider.
"The group remains cautiously optimistic about its prospects for the financial year 2025, bolstered by its ongoing asset optimisation programme, capacity expansion and efforts to enhance operational efficiency," the company added.
