IHH Healthcare Berhad Second Quarter 2024 Earnings: EPS: RM0.071 (vs RM0.034 in 2Q 2023)

IHH Healthcare Berhad (KLSE:IHH) Second Quarter 2024 Results

Key Financial Results

• Revenue: RM6.09b (up 30% from 2Q 2023).
• Net income: RM623.0m (up 107% from 2Q 2023).
• Profit margin: 10% (up from 6.4% in 2Q 2023). The increase in margin was driven by higher revenue.
• EPS: RM0.071 (up from RM0.034 in 2Q 2023).

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

IHH Healthcare Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Healthcare industry in Malaysia.

Performance of the Malaysian Healthcare industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for IHH Healthcare Berhad that you should be aware of.

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