IHH Healthcare’s profit rises 15% to $193.66m in Q3

Higher daycare and medical tourism supported the quarterly PATMI growth.

IHH Healthcare reported a 15% year-on-year (YoY) increase in profit after tax and minority interests (PATMI) in the third quarter, rising to $193.66 (RM616m), according to its results released on 26 November. Underlying profit declined 13% to $145.25 (RM462m).

Profit growth was driven by higher daycare volumes, increased medical tourism contributions and tighter cost controls, particularly in Malaysia and India. The group said Malaysia benefited from measures to manage payor pressure and cost inflation, whilst India recorded efficiency gains following closer operational integration between Fortis Healthcare and Gleneagles India.

For the first nine months of 2025, PATMI reached $500m (RM1.6b). The group also generated $1.38b (RM4.4b) in net operating cash flow and reported a cash balance of $440m (RM1.4b) at the end of the quarter.

IHH said profitability is expected to be supported by ongoing transformation initiatives across key markets, with Singapore operations anticipated to improve as contributions from Mount Elizabeth Orchard ramp up and India positioned for further integration benefits following the completion of the Fortis acquisition.

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