PETALING JAYA: Eye-care specialist Optimax Holdings Bhd expects the outlook for the healthcare sector to remain robust, driven by an increase in demand and awareness from both local and foreign patients who are more health conscious.
For the fourth quarter ended Dec 31, 2023 (4Q23), the eye specialist’s net profit eased by 17% year-on-year (y-o-y) to RM3.2mil or earnings per share of 0.59 sen.
This was mainly due to an increase in operating costs as additional staff (doctors, nurse, optometrist and supporting staff) were hired in advance for the upcoming expansion of new ambulatory care centres and satellite clinics/centres at a new location.
Revenue in 4Q23 however increased by 11% y-o-y to RM31.4mil underpinned by effective marketing efforts through ongoing promotions via online platforms and contributions from newly set up satellite clinics/centres.
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