Sunday, November 17, 2019
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Singapore: Staff costs depress first half profits at AHS

For the first half of the year, profits at Asian Healthcare Specialists (AHS) declined as the orthopaedic specialists focused on its talent pool, and...

Singapore: Best healthcare services stocks return 15% year-to-date

The five best-performing healthcare services stocks in Singapore have returned 15% year-to-date according to a new Market Update from the SGX. Singapore’s healthcare sector is...

Saudi Arabia: National Medical Care reports 13% drop in Q1 revenues

Despite a decline in revenues, National Medical Care, which operates two hospitals in Saudia Arabia, has reported a rise in profits for the first...

Philippines: Metro Pacific Hospitals abandons IPO plans

Metro Pacific Hospitals, the healthcare unit of industrial conglomerate Metro Pacific Investments, has abandoned plans to IPO on the Philippine Stock Exchange. A deal had...

Belgium: Aedifica reports 89% take up of capital increase

Belgian healthcare REIT Aedifica has reported an 89% take up on its €418m (US$469m) rights issue. The company said that 5.5m shares had been taken...

Germany: Rhön-Klinikum reports “pleasing results” for Q1

German hospital group Rhön-Klinikum has reported what it calls “pleasing results” for the first quarter of the year. Although profits dropped 14.4% to €8.9m (US$10m),...

France: Orpea moves into Russia

France-based long-term care group Orpea is to develop post-acute and rehabilitation hospitals in Russia with Bpifrance and Russian Direct Investment Fund, the Russian sovereign...

Germany: Solid results in a challenging year for Asklepios

Despite regulatory challenges, German private hospital group Asklepios Kliniken has reported solid growth for 2018. Net income slipped 11.8% to €171.1m (US$191m) on revenues that...

Sweden: Medicover reports strong growth for Q1

Swedish healthcare and diagnostics provider Medicover has reported strong growth for the first quarter of the year. Revenues were up 23.3% to €199.7m (US$223.3m). “We...

Finland: Standout Capital takes majority stake in X-akseli

Stockholm-based private equity firm Standout Capital has invested in patient flow management software company X-akseli. Financial terms have not been disclosed, though Standout will...