Latest news with #KPJHealthcare
New Straits Times
3 days ago
- Business
- New Straits Times
KPJ Healthcare downgraded as valuations catch up: Analyst
KUALA LUMPUR: CIMB Securities has downgraded KPJ Healthcare Bhd to a "Hold" from "Buy", saying the group's share price has largely priced in operational improvements and the new management's swift execution. In a note to clients, analyst Walter Aw said KPJ Healthcare's stock, which has surged 26.5 per cent year-to-date, is now trading close to two standard deviations above its five-year forward average valuation. "At current levels, we believe valuations have caught up with fundamentals. The stock is now trading at a premium compared to its larger peer IHH Healthcare Bhd, based on projected 2026 earnings," he said. Despite the downgrade, the firm raised its sum-of-parts-based target price for KPJ Healthcare to RM3 from RM2.80 previously, reflecting a higher valuation multiple of 12.3 times for the group's hospital operations. The group's first quarter core net profit rose 23.6 per cent year-on-year to RM63.3 million, in line with consensus estimates. Revenue climbed seven per cent to RM971.8 million on increased bed capacity and higher patient volume. However, the results were weaker on a quarter-on-quarter basis, with core net profit down 48.2 per cent from the fourth quarter of 2024, due to seasonal trends. Aw said earnings momentum is expected to pick up in subsequent quarters, supported by bed capacity expansion, improved cost controls and narrowing losses from five newer hospitals that are still in their gestation phase. CIMB Securities projects KPJ Heatlcare's core net profit to grow 12.9 per cent year-on-year in 2025, with revenue forecasted to rise 9.1 per cent to RM4.28 billion. The group's bottom line is expected to benefit from ongoing cost optimisation, better operating leverage, and a strategy to attract more patients by building centres of excellence and hiring more specialists. Despite these growth levers, the firm warned of downside risks including lower-than-expected patient traffic, slower hospital ramp-ups and thinner margins. KPJ Healthcare was last traded at RM2.72, giving it a market capitalisation of RM12.31 billion.
Yahoo
3 days ago
- Business
- Yahoo
KPJ Healthcare Berhad First Quarter 2025 Earnings: Misses Expectations
Revenue: RM971.8m (up 7.0% from 1Q 2024). Net income: RM57.1m (down 25% from 1Q 2024). Profit margin: 5.9% (down from 8.4% in 1Q 2024). The decrease in margin was driven by higher expenses. EPS: RM0.013 (down from RM0.017 in 1Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 8.0%. Earnings per share (EPS) also missed analyst estimates by 34%. Looking ahead, revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Healthcare industry in Malaysia. Performance of the Malaysian Healthcare industry. The company's shares are down 6.2% from a week ago. We should say that we've discovered 1 warning sign for KPJ Healthcare Berhad that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Free Malaysia Today
5 days ago
- Business
- Free Malaysia Today
KPJ Healthcare posts RM57.1mil net profit in Q1 2025
KPJ Healthcare Bhd's revenue for the first quarter of 2025 grew to RM971.8 million from RM908.0 million in the same period last year. KUALA LUMPUR : KPJ Healthcare Bhd's net profit decreased to RM57.1 million in the first quarter of the financial year ending Dec 31, 2025 (Q1 FY2025), down from RM71.4 million in the same quarter last year. The healthcare group said revenue for the quarter grew to RM971.8 million from RM908.0 million in Q1 FY2024, supported by higher patient volume and increased bed capacity across its hospital network. Profit before tax rose 7% to RM97.7 million, while earnings before interest, tax, depreciation and amortisation improved 4% to RM211.3 million. In a Bursa Malaysia filing, KPJ said the improved performance reflects stronger operating margins, sustained operational focus, and efficient service delivery driven by increased patient visits. The company said the board has declared an interim dividend of 0.8 sen per share, payable on July 11. On its 2025 outlook, KPJ remains cautiously optimistic, underpinned by its ongoing asset optimisation initiatives, capacity expansion, and continuous efforts to strengthen operational efficiency. 'The opening of KPJ's 30th hospital in Kuala Selangor in March marked a significant step in its expansion journey, strengthening KPJ's position as Malaysia's largest private healthcare provider. 'These efforts are part of the group's broader transformation under the KPJ health system, aimed at delivering more integrated, patient-centred care for the long-term,' the company said.
New Straits Times
5 days ago
- Business
- New Straits Times
KPJ Healthcare's Q1 net profit falls to RM57mil, revenue up to RM971.8mil
KUALA LUMPUR: KPJ Healthcare Bhd recorded a net profit of RM57 million in the first quarter (Q1) of March 31, 2025, down 20 per cent from RM71 million in the same period last year Its revenue, however, increased 7.0 per cent to RM971.8 million from RM908 million previously, driven by the increase in patients' visits, as well as increased bed capacity. In a filing with Bursa Malaysia, the hospital operator said Malaysia segment contributed about 98 per cent of its total revenue, a 7.0 per cent increase from RM892.5 million last year. It added that the earnings before interest, taxes, depreciation and amortisation (Ebitda) of RM210.3 million in Q1 was higher by 9.0 per cent, while pre-tax profit stood at RM101.2 million. Others segment recorded revenue of RM17.1 million for the current quarter, a 6.0 per cent increase from RM16.1 million previously. The Ebitda fell to RM1.6 million due to the impairment of land in an oversea associate operation, amounting RM6.2 million. Accordingly, its pre-tax loss decreased to RM3.4 million compared to a pre-tax profit of RM3.9 million previously. "In March 2025, KPJ Healthcare opened its 30th hospital in Kuala Selangor, further advancing its capacity and reinforcing its position as Malaysia's largest private healthcare provider. "The group remains cautiously optimistic about its prospects for the financial year 2025, bolstered by its ongoing asset optimisation programme, capacity expansion and efforts to enhance operational efficiency," the company added.
Malaysiakini
26-05-2025
- Business
- Malaysiakini
KPJ Healthcare's President & Managing Director Receives ASEAN Outstanding CEO Leadership Award
KPJ Healthcare Berhad ('KPJ Healthcare') is pleased to announce that its President & Managing Director, Mr Chin Keat Chyuan, has been conferred the ASEAN Outstanding CEO Leadership in Healthcare Excellence Award at the 2025 ASEAN Leadership and Partnership Forum. The award was presented in recognition of Mr Chin's visionary leadership in steering KPJ Healthcare towards becoming a purpose-driven, patient-centric organisation aligned with ASEAN's aspirations for inclusive, innovative and sustainable growth. Since assuming his role in September 2023, Mr Chin has led a comprehensive transformation agenda, focusing not only on financial performance, but also on cultural change, operational excellence and stakeholder value creation. Under his leadership, KPJ has undertaken a group-wide rebranding exercise, recorded its highest-ever financial results and implemented the KPJ Health System – an integrated framework that brings together clinical excellence, research and medical education across the Group. [SECOND FROM LEFT] Mr Chin Keat Chyuan, President and Managing Director KPJ Healthcare receiving the ASEAN Outstanding CEO Leadership in Healthcare Excellence Award at the 2025 ASEAN Leadership and Partnership Forum held yesterday at the InterContinental Kuala Lumpur. KPJ Healthcare has also intensified its commitment to medical innovation through the expansion of its digital health ecosystem and the adoption of advanced technologies. Notably, the Group has rolled out its robotic-assisted surgery programme across key hospitals to enhance clinical outcomes, safety and the overall patient experience. 'This recognition is not mine alone,' said Mr Chin Keat Chyuan. 'It reflects the dedication of every member of KPJ Healthcare and the strong support we have received from our Board of Directors and shareholders. Together, we are transforming not just systems, but mindsets — nurturing a culture that places patients, physicians, people, partner and the planet at the heart of everything we do. Our mission is clear: to deliver healthcare that is not only excellent, but also compassionate, data-driven and sustainable.' The forum, themed 'Unleashing ASEAN's Potential Through Innovative, Inclusive and Sustainable Growth,' was held at InterContinental Kuala Lumpur yesterday and jointly organised by the KSI Strategic Institute for Asia Pacific, ASEAN Economic Club (AEC), ASEAN Business Advisory Council (ASEAN-BAC) and ASEAN Business Club (ABC). It was co-organised by China Daily and supported by the World Digital Chamber (WDC). The award not only recognises Mr Chin's leadership, but also affirms KPJ Healthcare's commitment to advancing healthcare in Malaysia and across the ASEAN region. As part of its regional contribution, KPJ Healthcare is a strategic partner of the Malaysia International Healthcare ('MIH') Megatrends Conference 2025, an initiative led by the Ministry of Health Malaysia. MIH is a flagship platform that brings together healthcare leaders, policymakers and innovators across ASEAN to shape the future of healthcare delivery. This partnership reflects KPJ's ongoing commitment to fostering knowledge exchange, regional collaboration and investment in value-based, patient-centred care. This content is provided by KPJ Healthcare. The views expressed here are those of the author/contributor and do not necessarily represent the views of Malaysiakini. Interested in having your press releases, exclusive interviews, or branded content articles on Malaysiakini? For more information, contact [email protected] or [email protected]
