KPJ share price down marginally despite increase in Q2 earnings
17 Aug 2018 / 12:18 H.
PETALING JAYA: KPJ Healthcare Bhd’s share price fell 0.88% at noon despite posting a 31.62% rise in its net profit for the second quarter ended June 30, 2018 to RM42.34 million from RM32.17 million a year ago driven by its improved performance in Malaysia.
At 12pm, KPJ stood at RM1.13 with 7.43 million shares changing hands.
The group said revenue for the quarter rose 2.92% to RM801.33 million from RM778.60 million a year ago.
For the six months ended June 30, 2018, its net profit rose 20.42% to RM84.82 million from RM70.44 million a year ago while revenue rose 4.26% to RM1.62 billion from RM1.56 billion a year ago.