KPJ Healthcare's Q2 FY26 net profit up by 27 pct to RM103.92 mln

KPJ Healthcare Bhd, a private healthcare services provider, reported a significant increase in its net profit for the second quarter of the fiscal year 2026, up 27% to RM103.92 million compared to RM82.06 million in the same quarter last year. Revenue also grew by 17% to RM1.20 billion, up from RM1.02 billion. The company attributed this growth to record patient activity and a shift towards more complex, higher-acuity care, with a 12% rise in surgeries, a 10% increase in inpatient admissions, and a 7% rise in average revenue per patient.

For the first half of the fiscal year 2026, net profit advanced to RM173.57 million, up 24% from RM139.12 million a year ago, while revenue surged by 13% to RM2.25 billion from RM1.99 billion. KPJ Healthcare's president and managing director, Chin Keat Chyuan, noted that patients are increasingly choosing the company for its more complex care, driven by its clinical teams, hospital leadership, and network across the country.

The group is pursuing its 2026-2030 Strategic Plan, focusing on higher-acuity and specialized care, academic partnerships, network and ambulatory expansion, and digital and AI-enabled healthcare. International patient revenue rose 21% year-on-year to RM146 million in the six months ended June 30, 2026, while the company continues to strengthen its healthcare financing reforms and community-based initiatives.

The board declared an interim dividend of 1.1 sen per share, amounting to RM48.7 million, payable on Oct 9, 2026. Despite ongoing global economic and geopolitical challenges, KPJ Healthcare remains cautiously optimistic about its prospects for the financial year 2026.