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KPJ Healthcare posts higher 1Q pre-tax profit

Malaysian Reserve


KPJ Healthcare posts higher 1Q pre-tax profit KPJ Healthcare Bhd posted a higher pre-tax profit of RM41.55 million for the first-quarter (1Q) ended March 31, 2011, compared to RM38.04 million in previous correspond-ing period. Revenue climbed to RM437.75 million from RM376i million previously. In a filing to Bursa Malaysia last Friday, the company said the increase in pre-tax profit was in line with theincrease in revenue of the hospitals. The board of directors is confident that the group’s per-formance in financial year 2011 will continue to improve in tandem with increasing demand, hospitality capacity and activities.’ it said. Bernama