LOWER-than-expected bed occupancy rates (BORs) affected the recovery of KPJ Healthcare Bhd in what it deems as a “washout year” for the healthcare industry despite operating in the most resilient of industries known to withstand tough economic conditions.
The country’s largest listed private healthcare group by capacity closed its financial year ended Dec 31, 2020 (FY2020) with a net profit of RM110.44 million, nearly half the RM211.37 million reported in FY2019, as revenue fell 12% year on year (y-o-y) to RM2.4 billion from RM2.74 billion.
This was mainly due to the unprecedented impact of the Covid-19 pandemic and consequent movement restrictions on inpatient demand as BORs slumped to a record low at the peak of the first Movement Control Order last year.
PETALING JAYA: Selangor police will take stern action against unscrupulous parties who forge Covid-19 test results in order to travel overseas.
Acting Selangor police chief Deputy Comm Datuk Arjunaidi Mohamed said they would thoroughly investigate and take action against anyone who is found to be faking such documents.
Between Jan 20 and Jan 25, six Pakistani men were arrested in connection with selling forged Covid-19 test result slips.
“We are investigating this case and the suspects have been remanded so I cannot divulge details which could jeopardise investigations.
“If there is anyone out there thinking of acting in a similar manner, I warn you not to.