Sign in with Google. Opens in new tab
bullish
IHH Healthcare (IHH MK): Outstanding Performance in 1Q24; Looking for Business Expansion
507 Views04 Jul 2024 16:36
SUMMARY
- IHH Healthcare (IHH MK) reported highest ever quarterly revenue in 1Q24, with double-digit growth across key metrics. 1Q24 revenue increased 16%, while EBITDA grew at a faster pace of 19%.
- Favorable patient mix, which was inclined to more acute and complex patients and price adjustments to counter inflation drove the growth. 1Q24 EBITDA margin (22.9%) improved from year-ago quarter (22.3%).
- The company expects favorable tailwinds from secular trends in its core markets, which will underpin longer-term growth. IHH is on track to add ~4,000 beds (+33% capacity) by 2028.
Related Insights
More »Loading
Trending Collections
More »Loading
Trending Insights
More »- Asian Dividend Gems: Septeni Holdings
- JFE Holdings (5411 JP) – Stable Core, Strategic JSW Stake, and Deep-Value Opportunity
- HEW: Playing For Time
- [Japan Event] Potentially Interesting Dynamics of Post-Tender NTT Data (9613) Trading. $8bn+ One Way
- Samsung Electronics (005930 KS) Outlook as Foundry Spin-Off Gains Momentum
Top Unpaywalled Insights
More »- [IO Technicals 2025/25] Bearish Momentum Strengthens
- VEON (VEON US): Launches Third Phase of Share Buyback Program After Share Pullback
- Valuations, Visas & Venture Pullback: An Equity + M&A Overview of the Education Sector in Q1 2025
- Overview #27 – The Big Beautiful Tragi-Comedy Continues
- HK Connect SOUTHBOUND Flows (To 13 June 2025); Volumes Up, TECH Down, HEALTHCARE Bought Big
Discussions
(Paid Plans Only)
Price Chart(Sign Up to Access)
- IHH Healthcare (IHH MK): Higher Patient Volume Drives Double-Digit Revenue Growth in 3Q2412 Dec 2024
- The Week That Was in ASEAN@Smartkarma - Astra Intl, IHH Healthcare, and Top Picks in the Philippines07 Oct 2024
- IHH Healthcare (IHH MK): Sturdy Performance; Core Markets Remain Strong: Expansion Plans on Track05 Oct 2024
- IHH Healthcare (IHH MK): Outstanding Performance in 1Q24; Looking for Business Expansion04 Jul 2024
- IHH Healthcare (IHH MK): Patient Volume Driven Revenue Growth in 4Q; Profitability Remains Subdued05 Mar 2024
- IHH Healthcare (IHH MK): Double-Digit Growth Across Key Metrics for Q3; Bed Expansion to Continue03 Dec 2023
x