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Malaysia's IHH Healthcare books 12% YOY rise in Q2 profit

IHH Healthcare Bhd. said its second-quarter net profit attributable to owners of the company rose 12% year over year to 185.0 million Malaysian ringgit from 165.1 million ringgit.

EPS for the period increased 6% on an annual basis to 1.86 sen from 1.75 sen.

The Malaysian healthcare provider booked revenue of 3.65 billion ringgit, a 37% rise from 2.66 billion ringgit a year earlier.

As of Aug. 29, US$1 was equivalent to 4.22 Malaysian ringgit.