The year 2015 saw KPJ Healthcare
Berhad (“KPJ” or “the Group”) sustaining
its positive track record, driven by a
continued focus on spurring stronger
growth and strengthening market
presence
It is still very clear in my mind as we
started 2015 12 months ago. The new
year was ushered in with much suspense.
The world economy was still unstable. Oil
prices were still plummeting down and
lowest since many decades. Malaysia
was just picking itself up from the
devastating loss of its two passenger
planes. Nothing was going as planned for
everybody. Many companies were jittery.
We stepped warily into 2015 wondering
what other surprises will be in store.
Having ended the previous year on a very
high and positive note despite of the
many obstacles then, I was challenged to
ensure that KPJ will continue to maintain
our positive track record. Realising that
our ‘normal and usual’ way of doing
business will not work in these trying
times, we have embarked on many
innovative ways focused on further
enhancing of our capabilities. And so,
thanks to the hard work of my team with
the support from our Board of Directors, I
am proud to announce that KPJ Healthcare
Berhad has managed to sustain its sterling
performance again in 2015.
FINANCIAL PERFORMANCE
Bolstered mainly by the expansion of
existing KPJ hospitals, KPJ’s revenue
rose to RM2.85 billion in 2015 from
RM2.64 billion recorded a year earlier.
The new hospitals in the Group had also
helped to spur upwards the Group
revenue in FY2015 and these hospitals
were KPJ Klang, KPJ Rawang, KPJ Pasir
Gudang and KPJ Bandar Maharani.
Many would have noted that the 2 KPJ
hospitals projected to be operational in
2015 have not been completed as
scheduled. The delayed completion of
KPJ Pahang and KPJ Perlis was due to
many factors beyond our control. The
inefficiency contractors, uncooperative
weather, tighter regulations by the
authorities and contractors’ manpower
issues have led to the delay to deliver
these two hospitals on time. However,
immediate action has been taken and
both KPJ Pahang and KPJ Perlis are now
scheduled to be completed and
operational by the end of 2016.
KPJ’s
revenue rose to
RM2.85
billion
in 2015
from RM2.64 billion
recorded a year
earlier
Dear Shareholders,
15
KPJ Healthcare Berhad
Annual Report
2015
