Company Overview of IHH Healthcare Berhad

IHH Healthcare Berhad announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported revenue of MYR 1,624,598,000 against MYR 1,262,171,000 a year ago. Profit before tax was MYR 213,588,000 against MYR 218,248,000 a year ago. Profit for the period was MYR 167,292,000 against MYR 173,901,000 Profit for the period attributable to owners of the company was MYR 127,273,000 against MYR 122,771,000 a year ago. Diluted earnings per share were 1.57 sen against 2.03 sen a year ago. Net cash from operating activities was MYR 269,129,000 against MYR 391,311,000 a year ago. Purchase of property, plant and equipment was MYR 121,106,000 against MYR 224,328,000 a year ago. Development and purchase of intangible assets was MYR 2,617,000 against MYR 1,145,000 a year ago. EBITDA was MYR 394.2 million against MYR 323.9 million a year ago. Profit after tax and minority interests was MYR 127.3 million against MYR 122.8 million a year ago. PATMI (excluding exceptional items) was MYR 133.5 million against MYR 114.4 million a year ago. Group revenue for grew by 29% year on year to MYR 1.6 billion from MYR 1.2 billion in the same period last year while earnings before interest, taxes, depreciation, amortisation, exchange differences & other non-operational items (EBITDA) also registered a solid 24% increase year on year to MYR 347.6 million from MYR 279.5 million. This reflected the healthy revenue contributions from existing hospitals and reduced losses from Mount Elizabeth Novena Hospital. The company recorded impairment loss made on trade and other receivables was MYR 12,518,000 compared with MYR 12,901,000 for the same period last year.

IHH Healthcare Berhad announced the resignation of Yong Ye Su as Joint Secretary effective May 10, 2013.

IHH Healthcare Berhad reported audited consolidated and parent earnings results for the year ended Dec. 31, 2012. For the year, the group reported consolidated revenue of MYR 6,981,942,000 against MYR 3,328,849,000 for the last year. Profit before tax was MYR 997,355,000 against MYR 483,105,000 for the last year. Profit attributable to owners of the company was MYR 798,888,000 against MYR 373,463,000 for the last year. Diluted EPS was 11.38 sen against 8.21 sen for the last year. Net cash from operating activities was MYR 1,165,679,000 against MYR 887,111,000 for the last year. Purchase of property, plant and equipment was MYR 892,699,000 against MYR 714,506,000 for the last year. For the year, the parent company reported revenue of MYR 6,024,000 against MYR 16,141,000 for the last year. Loss before tax was MYR 36,042,000 against profit of MYR 158,447,000 for the last year. Loss for the year was MYR 37,863,000 against profit of MYR 154,440,000 for the last year. Loss attributable to owners of the company was MYR 37,863,000 against profit of MYR 154,440,000 for the last year. Net cash used in operating activities was MYR 102,612,000 against inflow Of MYR 98,235,000 for the last year. Purchase of property, plant and equipment was MYR 29,000.