|Bid||0.7250 x 0|
|Ask||0.7300 x 0|
|Day's range||0.7250 - 0.7300|
|52-week range||0.5250 - 0.7300|
|Beta (3Y monthly)||0.41|
|PE ratio (TTM)||42.65|
|Forward dividend & yield||0.01 (0.91%)|
|1y target est||0.74|
The healthcare sector is resilient to economic cycles and shocks. Here are five healthcare stocks that have chalked up double-digit total returns year to date.
SINGAPORE (Aug 19): Regional healthcare provider Health Management International (HMI) on Monday night reported earnings fell 11% to RM13.5 million ($4.5 million), or 1.61 sen per share, for the 4Q19 ended June 30, down from RM15.2 million a year ago. Gross profit margin decreased to 33% from 34.4% the year before due to StarMed Specialist Centre (SSC), its new ambulatory care centre in Singapore which started operations in 1Q19. Other gains increased to RM2.9 million from RM0.9 million mainly due to higher foreign exchange gains of RM2.6 million recorded in 4Q19 compared to a year ago.
SINGAPORE (July 8): Shares in Health Management International (HMI) are up as high as 9.1% at 2.48pm to trade at 72 cents from its last close on July 4 of 66 cents. The price surge follows the group's announcement on July 5 that it has received a 73 cents per share privatisation offer from PanAsia Health, valuing the target at $611 million. PanAsia says the acquisition will allow it to invest in a reputable private healthcare provider with a regional presence in Singapore, Malaysia and Indonesia.