KPJ Chief Outlines Bold Plans To Drive Growth fuelled by innovation

After a robust FY2024, marked by two consecutive quarters of record revenue performance and a significant surge in share price that reflects strong investor confidence, KPJ Healthcare Bhd is charting a bold new course. Under the leadership of its president and managing director Chin Keat Chyuan, the group is solidifying its position as a leading healthcare provider in Malaysia and the region through focused expansion, innovative services and a strong emphasis on patient-centric care.

The hospital operator reported a 34% year-on-year (y-o-y) jump in its FY2024 profit after tax and minority interests (Patami) to RM353.82 million, with earnings for the fourth quarter ended Dec 31, 2024, surging 64% y-o-y to RM120.52 million. Driven by increased patient visits and expanded bed capacity, annual revenue climbed about 15% y-o-y to RM3.92 billion. The group declared a special dividend per share of 0.1 sen, along with an interim DPS of 1.05 sen, bringing total DPS for FY2024 to 4.15 sen, up from 3.35 sen in FY2023.