HIGHLIGHTS OF THE YEAR
This performance was achieved whilst at the same
time increasing our brand presence. Key highlights of
the year have to be the opening of two new hospitals
– KPJ Rawang and KPJ Bandar Maharani. The
opening of the 159-bed KPJ Rawang in March was
particularly significant as it is currently the only
private hospital available to serve a population of
about 415,000 people living in Rawang and
surrounding areas. Two months later, we launched
KPJ Bandar Maharani in Muar, which boasts of more
than 100 beds. Together with ward extensions in our
existing hospitals, these two new hospitals have
increased the Group’s total bed capacity by 4.9% from
2,717 to 2,851.
Another significant highlight was the opening of our
aged care facility, KPJ Senior Living Care (KPJ SLC)
in August. Based loosely on the home concept of Jeta
Gardens in Queensland, Australia, KPJ SLC has been
designed to be as homely as possible. At the same
time, we positively encourage family members to visit
with no restrictions. KPJ SLC also offers a lively
environment marked by continuous activities such as
gardening and karaoke, games and celebrations.
Located within the KPJ Tawakkal Health Centre (THC),
residents at KPJ SLC will have easy access to all the
medical facilities offered at THC. Of particular interest
to them would be the newly opened KPJ KL
Rehabilitation Centre staffed by trained occupational
therapists, physiotherapists and counsellors to help
our residents maintain a physically active and
psychologically positive lifestyle. The occupancy of
KPJ is currently at 69%.
Parallel with the growth in revenue the Group also
recorded an increase in profit before taxation by
36.7% from RM159.56 million in 2013 to
RM218.08 million. This was driven both by the
increase in activities as well as fair value adjustments
in relation to the newly acquired Menara 238 office
tower amounting to RM10.8 million and from better
returns by our associate Al-‘Aqar Healthcare REIT.
The better margin was also achieved from greater
efficiency in operation.
Given our performance, the Group paid three interim
dividends during the year, to a total 4.90 sen per
RM0.50 ordinary share, translating into a total
shareholder payout of RM49.84 million, which
compares favourably to the RM39.2 million paid out in
2013. The breakdown of this year’s dividends is as
follows:
• First interim single tier dividend of 1.45 sen per
share on 1,022,500,184 ordinary shares amounting
to RM14,826,250, declared on 26 May and fully
paid on 18 July.
• Second interim single tier dividend of 1.45 sen per
share on 1,014,618,755 ordinary shares amounting
to RM14,711,970, declared on 26 August and fully
paid on 21 October.
• Third interim single tier dividend of 2.00 sen per
share on 1,015,157,631 ordinary shares amounting
to RM20,303,153, declared on 26 November and
fully paid on 22 January 2015.
Parallel with the growth in revenue the Group also recorded
an increase in
profit before taxation by 36.7% from
RM159.56 million in 2013 to RM218.08 million
019
KPJ Healthcare Berhad annual report
2014
