KUALA LUMPUR: KPJ HEALTHCARE BHD []'s earnings were flat at RM27.51 million in the first quarter ended March 31, 2011 (1QFY2011) compared with RM27.24 million a year ago but it expects the group's performance would continue to improve in line with increasing demand, hospital capacity and activities.
It said on Friday, May 20 that revenue rose 16.4% to RM437.75 million from RM376.04 million a year ago while earnings per share were 5.09 sen compared with 5.19 sen. It declared 2.4 sen dividend per share.
'The profit before taxation for the current quarter has increased by 8.4% to RM41.2 million from RM38.0 million in the corresponding quarter 2010. The increase is in line with the increase in revenue of the hospitals,' it said.
KPJ Healthcare said the profit before taxation for 1Q2011 of RM41.2 million was lower by 6.8%, due to a one-off reversal of provision for impairment in associates, amounting to RM6.5 million, being included in the profit before taxation in the preceding quarter of RM44.2 million.
It said on Friday, May 20 that revenue rose 16.4% to RM437.75 million from RM376.04 million a year ago while earnings per share were 5.09 sen compared with 5.19 sen. It declared 2.4 sen dividend per share.
'The profit before taxation for the current quarter has increased by 8.4% to RM41.2 million from RM38.0 million in the corresponding quarter 2010. The increase is in line with the increase in revenue of the hospitals,' it said.
KPJ Healthcare said the profit before taxation for 1Q2011 of RM41.2 million was lower by 6.8%, due to a one-off reversal of provision for impairment in associates, amounting to RM6.5 million, being included in the profit before taxation in the preceding quarter of RM44.2 million.
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