Mitra Keluarga Upgrades Growth Target

By Editorial Team 26/08/2019
Summary

PT Mitra Keluarga Karyasehat Tbk (MIKA) revised growth target to 15 percent by the end of 2019 from only 11-13 percent. The outlook upgrade would also be followed by revised EBITDA and profit margins target by 20 percent and 36-37 percent respectively, Investor Relations MIKA Aditya Widjaja told Kontan.

The upward revision of these targets follows the impressive performance in the first half of 2019. The MIKA stock-coded hospital operator recorded 15.32 percent higher revenue to Rp 1.58 trillion from Rp 1.37 trillion in the same period of 2018. Their new hospital contributed six percent of total revenue in the first semester.

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