KPJ’s revenue improves in Q2

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PETALING JAYA: KPJ Healthcare Bhd saw its revenue increase 33% year-on-year (y-o-y) to RM632.8mil for the second quarter ended June 30, 2021 (Q2’21) mainly due to better operational performance, aided by a less restrictive movement control order (MCO) 3.0.

In a statement, the healthcare operator said the original MCO 1.0 instituted in March 2020 had a more severe impact on hospital operations in Q2’20, with bed occupancy rate (BOR) reaching a post-pandemic low of 25% in April 2020.

KPJ recorded a total of 758,629 patients in Q2’21, up 36% compared to 556,042 patients in the previous corresponding quarter. BOR was recorded at 41% in Q2’21, up from 34% recorded in Q2’20.

During the quarter in review, its net profit stood at RM6.96mil, compared with RM12.66mil in Q2’20.

Year to date, its net profit was RM19.93mil, compared with RM51.19mil in the six months to June 2020, while revenue rose to RM1.24bil from RM1.14bil.



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