0 Shares 3 Views

Apollo Hospitals Q3 net declines 7.4%; total income rises 13%

February 14, 2018
3 Views

Apollo Hospitals Enterprise Ltd (AHEL) has seen a decline 7.4 per cent to Rs 674 million during the quarter ended December 31, 2018, as compared to Rs 728 million reported during the same quarter of last year.The total income grew 13.1 percent to Rs 19.04 billion during the quarter compared to Rs 16.83 billion during the same quarter of previous year. The company has said that the overall occupancy across the group was at 67 per cent or 4,794 beds, with the mature hospitals seeing more occupancy at 70 per cent.”We expect that the effects of demonetisation, regulatory price caps and GST, while largely managed, will be fully recouped by the end of FY19,” said Suneeta Reddy, managing director, AHEL. The company has definitive plans to shore up its Oncology volumes and revenues over the next 3-5 years to become a national leader in this space both in terms of clinical outcomes and volumes, she added.While the third quarter is seasonally a weak one, during the quarter ended December 31, …

You may be interested

Enterprise Public Key Infrastructure (PKI): Public CA vs. Private CA – Hashed Out by The SSL Store™ (blog)
Smes
19 views
Smes
19 views

Enterprise Public Key Infrastructure (PKI): Public CA vs. Private CA – Hashed Out by The SSL Store™ (blog)

webmaster - February 19, 2018

Enterprise Public Key Infrastructure (PKI): Public CA vs. Private CAHashed Out by The SSL Store™ (blog)A lot of enterprise companies have massive digital footprints that require special…

Passive Investing Hurts Emerging-Market Debt Investors – Seeking Alpha
Markets and investing
17 views
Markets and investing
17 views

Passive Investing Hurts Emerging-Market Debt Investors – Seeking Alpha

webmaster - February 19, 2018

Seeking AlphaOver the last 14 years, 69% of EMD active managers beat the J.P. Morgan EMBI Global over three-year rolling periods. Even in 2008, almost 40% of…

Most from this category