皇冠开户
热门标签

新2手机管理端(www.hg108.vip):KPJ Healthcare likely to post higher revenue

时间:3周前   阅读:1   评论:1

欧博开户网址www.allbet8.vip),欧博网址开放会员注册、代理开户、电脑客户端下载、苹果安卓下载等业务。

PETALING JAYA: CGS-CIMB Research expects KPJ Healthcare Bhd to post higher revenue and core earnings per share (EPS) on a year-on-year (y-o-y) and quarter-on-quarter (q-o-q) basis in its upcoming second quarter results for financial year 2022 (2Q22).

This is based on a recent discussion with KPJ, which noted its patient volumes and bed occupancy rate (BOR) rose q-o-q in 2Q22.

“This is partly due to the impact of the Omicron Covid-19 variant, while we think revenue intensity should have also improved q-o-q on gradual fee hikes,” said CGS-CIMB Research in its latest report.

KPJ’s BOR also recovered to pre-pandemic levels of 66% to 67% at the end of May, it added.

The healthcare group’s health tourism (HT) revenue rose a robust 21% y-o-y in 1H22, albeit off a low base in 1H21 due to international border closures.

CGS-CIMB Research noted KPJ expects HT to form about 10% of its total revenue in FY22 and is set to grow 10% to 15% y-o-y in FY23.

Meanwhile, KPJ also projected cost savings from the centralisation of certain functions, such as procurement, credit facilities and management that were undertaken in the financial year 2021 to be offset by cost pressures for external service providers due to higher minimum wages in the near term.

,

新2手机管理端www.hg108.vip)实时更新发布最新最快的新2代理线路、新2会员线路、新2备用登录网址、新2手机管理端、新2手机版登录网址、新2皇冠登录网址。

,

On the group’s earnings outlook, CGS-CIMB Research said: “We project FY22 core EPS to jump 95% y-o-y from the low base in FY21 before increasing a further 28.4% in FY23 and 10.3% y-o-y in FY24.”

It expects this to stem from rising patient volumes post-pandemic recovery, structurally higher private healthcare demand and growing health tourism contribution.

Other positive factors include improving revenue intensity, cost savings from the centralisation of certain functions, recovery in associate earnings and normalisation of effective tax rate in FY22.

In another development, KPJ’s plans to divest its loss-making Indonesia operations are progressing well and likely to be concluded by end-2022, said CGS-CIMB Research.

“However, the completion of the sale of Jeta Gardens (JT) may be delayed slightly to end-2023 from 3Q23 previously,” it added.

The research house noted KPJ for now intends to reinvest the cash proceeds from the sale of its Indonesian operations to ramp up capacity at Damansara Specialist Hospital 2, while it does not project material cash proceeds from the JT sale.

CGS-CIMB Research has upgraded the stock to an “add” call with a slightly higher target price of RM1.04.

It noted the re-rating catalysts for KPJ include full recovery from Covid-19, rising HT contribution and sale of its foreign operations.


转载说明:本文转载自Sunbet。

上一篇:打三公有包赢的方法吗(www.eth108.vip)

下一篇:皇冠买球网址(www.hg108.vip)_《一路向前》剧组公开工作人员落水原因 拍摄高危画面导致

网友评论

  • 2022-09-13 00:35:49

    像最近火热的游戏《剑侠风云》也是如此。游戏主打通关模式,而玩家们要通关的关键就是合理的搭配游戏的羁绊。之前有玩家根据羁绊和武功的不同,总结了几个经典的玩法,但最近,却有一种全新的羁绊搭配,被研究了出来。情节超合理