Page 102 - KPJ_2012

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Annual Report 2013
KPJ HEALTHCARE BERHAD
100
In 2013, KPJ’s Hospital
Operations segment
continued to experience
steady growth on the back of
the opening of new hospitals
as well as an expansion of
bed capacity in several of
the existing hospitals.
Hospital
Operations
Continued
Growth in 2013
Robust Malaysian Operations
The Group’s Malaysian operations contributed
the bulk or some 88% of 2013’s revenue with
segmental revenue rising 9%year-on-year (YoY)
to RM2.05 billion from RM1.88 billion previously.
Aside from the higher revenue from existing
hospitals, three new hospitals helped boost
revenue. These included KPJ Klang Specialist
Hospital which commenced operations in May
2012, KPJ Pasir Gudang Specialist Hospital
which opened its doors to the public in May
2013, and the Sri Manjung Specialist Centre in
Perak, the acquisition of which was completed
in May 2013.
As at the time of writing, the Group has a
network of 24 hospitals in Malaysia, of which
two new hospitals were added in 2013. The
year in review saw improvements across the
network of KPJ hospitals.
Despite strong revenue growth for the period
under review, the Hospital segment’s pro t
before tax (PBT) recorded a marginal 7.0% rise
to RM196.3 million from RM183.4 million in 2012.
This was principally due to higher operating and
administration costs for three newly opened
hospitals, namely the KPJ Klang Specialist
Hospital, KPJ Pasir Gudang Specialist Hospital
and Tawakkal Health Centre.
Business
Review
Hospital Operations
The Group’s Malaysian
operations contributed
the bulk or some
88%
of 2013’s revenue with
segmental revenue rising
9% year-on-year (YoY) to
RM2.05 billion.