BH Maintains Stable Profit in 1Q19 at ฿1,081M. from ฿4,733M. in Revenue

BH has posted a stable 1Q19 profit at THB 1,081 million from total revenue of THB 4,733 million.


Bumrungrad Hospital Public Company Limited (BH) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:

BH recorded total revenues in 1Q19 of THB 4,733 million, increased 0.8% from 1Q18 revenues of THB 4,694 million. Its net profit in 1Q19 increased by 0.2% to THB 1,081 million from THB 1,079 million in 1Q18, with Net profit margin at 22.8% in 1Q19, compared to 23.0% in 1Q18.

BH reported cost of hospital operations (including Depreciation and amortization) of THB 2,495 million for 1Q19, or 2.2% less year-over-year from THB 2,553 million in 1Q18. This represents a favorable change when compared to the 0.6% increase in revenues from hospital operations, and contributed to a reduction in the percentage of cost to revenues from hospital operations to 53.7% in 1Q19 compared with 55.2% in 1Q18.

Selling expenses (including Depreciation and amortization) were THB 115 million in 1Q19, or 46.6% more year-over-year from THB 78 million in 1Q18.

EBITDA decreased by 1.2% year-over-year to Baht 1,621 million in 1Q19 from Baht 1,640 million in 1Q18, with an EBITDA margin of 34.5% in 1Q19 compared to 35.2% in 1Q18.

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