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KPJ Healthcare’s 2014 pre-tax profit rises to RM217.85m
Johor Mentri Besar Datuk Seri Mohamed Khaled Nordin inspecting a anesthesia machine during the launch of KPJ Healthcare Conference & Exhibition 2013, November 6, 2013. u00e2u20acu201d Picture by Choo Choy May

KUALA LUMPUR, Feb 27 — KPJ Healthcare Bhd’s pre-tax profit for the financial period ended December 31, 2014, rose to RM217.85 million from RM159.55 million in 2013.

Revenue increased to RM2.64 billion from RM2.33 billion previously, mainly due to an increase in revenue of existing and newly-opened hospitals in the group.

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For the fourth quarter, the pre-tax profit was at RM70.8 million, an increase by 22 per cent as compared to the corresponding quarter in 2013 of RM57.8 million, it said in a filing to Bursa Malaysia.

Meanwhile, the Malaysian segment revenue for the 12 months ended December 31, 2014 increased 15 per cent to RM2.36 billion, compared with RM2.05 billion in 2013.

KPJ said in 2015, two new hospitals, namely KPJ Pahang and KPJ Perlis, will be added to its network.

“The Group envisages that the new additions will contribute towards the revenue growth in 2015 along with the other existing hospitals,” it added. — Bernama

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