KUALA LUMPUR (Nikkei Markets) -- IHH Healthcare, Asia's biggest hospital operator by market value, swung to a third quarter net profit on the back of a surge in revenue, and a sharp slump in finance costs and operating lease expenses.
Net profit for the three months ended September stood at 236.34 million ringgit ($56.7 million) compared with a loss of 104.07 million ringgit a year ago, IHH Healthcare said in an exchange filing. Finance costs plunged 85%, while operating expenses shrank 61%, the company said.
