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Singapore-listed Malaysian healthcare group IHH Healthcare's Q1 profit falls 88%

Healthcare group extends to Fortis board offer acceptance period to June 30

Published Fri, May 25, 2018 · 10:00 PM
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[SINGAPORE] MALAYSIAN healthcare group IHH Healthcare Berhad saw its fiscal first-quarter profit shrink by 88 per cent to RM57.24 million (S$19.28 million) due to the absence of a one-off gain recorded a year ago from its RM313.4 million divestment of Apollo Hospitals.

Its profit after tax and minority interests (excluding exceptional items) was 40 per cen…

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