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

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