IHH Healthcare Berhad Full Year 2024 Earnings: Beats Expectations

IHH Healthcare Berhad (KLSE:IHH) Full Year 2024 Results

Key Financial Results

• Revenue: RM25.1b (up 20% from FY 2023).
• Net income: RM2.66b (down 10.0% from FY 2023).
• Profit margin: 11% (down from 14% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: RM0.30 (down from RM0.34 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

IHH Healthcare Berhad Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 32%.

Looking ahead, revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Healthcare industry in Malaysia.

Performance of the Malaysian Healthcare industry.

The company's shares are up 2.6% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of IHH Healthcare Berhad's balance sheet and an in-depth analysis of the company's financial position.

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