HEALTH CARE
$IHH / 5225 (IHH HEALTHCARE BERHAD) $KPJ / 5878 (KPJ HEALTHCARE BERHAD) $DPHARMA / 7148 (DUOPHARMA BIOTECH BERHAD) $KOTRA / 0002 (KOTRA INDUSTRIES BERHAD)
Research by RHB
Overweight (Maintained)
“A Decent Showing; Still OVERWEIGHT”
We expect demand for private healthcare to be underpinned by encouraging growth from medical tourists, a growing number of non-communicable diseases (NCD), and ageing society trends. While the healthcare sector generally has defensive attributes, we continue to advocate for investors to lean towards domestic-centric names as these provide better earnings stability.
Analyst(s):
Oong Chun Sung
chun.sung@rhbgroup.com