KPJ Healthcare records higher Q2 revenue of RM632.83 mln

KUALA LUMPUR, KPJ Healthcare Bhd recorded higher revenue in the second quarter (Q2) ended June 30, 2021 of RM632.83 million compared to RM475.85 million in the same quarter last financial year.

The better revenue was due to a better operational performance aided by a less restrictive movement control order (MCO) 3.0 during the period, the company said in a statement today.

The healthcare group posted a net profit of RM6.96 million in the second quarter compared to RM12.66 million in the same quarter last year.

For the six-month period ended June 30, 2021, the group recorded RM1.24 billion revenue, up 9 per cent year-on-year mainly due to an increase in hospital activities and a higher number of patients.

Half-year net profit was RM19.934 million compared to RM51.19 million for the same period last year.

“The company recorded a total of 758,629 patients in Q2 2021, up 36 per cent compared to 556,042 patients in the previous corresponding quarter, and 1.5 million patients for the first half of 2021 compared to 1.4 million patients for the same period last year,” it said.

On outlook, KPJ Healthcare said it will continue to operate in a challenging environment for the remaining year of 2021.

“As the healthcare ecosystem is being challenged to pivot, adapt and innovate quickly, our focus will cover greater adoption of virtual health and other digital innovations as well as new public-private collaborations,” it added.

Meanwhile, the group currently operates 25 vaccination centres (PPVs) registered with ProtectHealth Corporation including the mega PPVs in Kuala Lumpur and Johor Bahru, as well as one PPV for Industry which provides vaccinations to industries located in Kuching, Sarawak.

“Clocking in at almost 15,000 vaccinations daily makes KPJ Healthcare the largest private healthcare provider supporting the National Immunisation Programme (NIP), having administered a total of 544,711 doses of vaccine to date,” it said.

Source: BERNAMA News Agency