KPJ Healthcare: Expects RM 2.5 billion in 2014

Healthcare service provider, KPJ Healthcare Bhd expects its revenue to hit RM2.5 billion this year as it continuously builds up its capacity.

President/Managing Director, Mr Amiruddin Abdul Satar said the company and the industry would continue to enjoy stable growth in Malaysia.

"A 10 per cent revenue growth for the current financial year would be achievable as KPJ strengthens its presence in Malaysia and Asia by continuously building capacity through expansion of existing hospitals as well as building new hospitals," he said.

KPJ posted an unaudited 2013's revenue of RM2.3 billion, he said.

Amiruddin said KPJ has a dominant foothold in Malaysia with 25 hospitals, and also established presence overseas with two hospitals in Indonesia, a geriatric centre in Australia and a significant stake in the Vejthani Hospital in Thailand.

He said KPJ has engaged IBM Malaysia Sdn Bhd to consolidate and centralise its computing infrastructure on a private cloud.

As part of the engagement, IBM would also need to build a disaster recovery system for KPJ to ensure data protection and business continuity, he said.

The RM70 million investment on the new private cloud-enabled infrastructure would allow KPJ to operate at a reduced cost and with greater efficiency, reliability and flexibility, he said.

On the group's hospitals updates, he said KPJ is targeting to open a 30-bed hospital in Muar before end-June and is planning to start construction of its flagship hospital Bandar Datuk Onn Specialist Hospital in the Iskandar region in Johor.

"It (Bandar Datuk Onn Specialist Hospital) is to be opened in the next two years, targeting foreign patients, mainly from Singapore and Indonesia," he said.

KPJ is also constructing the Pahang Specialist Hospital and the KPJ Perlis Specialist Hospital. It plans to start construction of the land it acquired in Malacca before year-end and has called for tender to commence construction for its hospital in Miri, Sarawak.

"We're also expanding hospitals that have reached a maximum capacity, which are KPJ Ampang Puteri Specialist Hospital and KPJ Seremban Specialist Hospital

/Bernama 21-04-2014

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