Revenue also rose to RM707.57 million from RM632.83 million last year driven by improvements in hospitals’ efficiency, quality and productivity as well as the implementation of transformation plans and cost optimisation strategies, it said in a filing with Bursa Malaysia today.

For the first half of the 2022 financial year, the company’s net profit also increased to RM49.29 million compared to RM19.93 million last year while revenue improved to RM1.36 billion from RM1.24 billion previously.

In a separate statement, president and managing director Shukrie Mohd Salleh said the company was optimistic that the healthcare industry would continue to be central in the nation’s economic recovery.

“Continued growth in demand for healthcare services is expected on the back of increasing mental and physical healthcare awareness as well as the shifting of healthcare focus from hospitalisation towards preventive care.

“Additionally, a strong resurgence in elective medical procedures and recovery of the health tourism sector is also expected to bode well for the company’s prospects moving forward,” he said.

KPJ Healthcare said it remained focused on improving the efficiency, quality and productivity of its hospitals by leveraging on digital technology. It would also remain on the lookout for viable investments in preventive care and wellness services.

KPJ Healthcare also declared a third interim dividend of 0.55 sen per share, its highest payout to date, to be paid on Oct 21.