Post by account_disabled on Jan 9, 2024 6:05:50 GMT
Even when opening a new building But the increase in personnel has already been realized since the 4th quarter of 2019. Therefore, the research department recommends BUY with a target price of 8.40 baht, with an upside of 22.62% from the trend of operating results that outperform the industry target group. Therefore, EKH is selected as a top pick for the small hospital group. Phillip Securities Thailand Public Company .
Limited stated that EKH's operating Phone Number List results for the second quarter of 2019 tended to decrease compared to the previous quarter. from seasonal factors (low season) but will continue to improve Compared to the same period last year and the highest in the group due to the increase in the number of service users, expansion of the infertility center (IVF) at Rama 9, another location since November 2018. It is expected that at the beginning of July the Rama 9 IVF Center will begin providing One Stop Service, supporting up to 100 cases per month, which will make it more convenient for customers and save travel time. Maintain the full year target of 300 cases (25 cases/month ) By mid-July, a new pediatric center will be opened with a total of 60 beds (total of the current 146 beds).
It is expected to recognize depreciation of 15 million baht per year, but this will not put much pressure on the operating results. This is because the second half of 2019 is the high season and there is a large number of child patient bases already using the service. The research department has therefore adjusted the full year profit forecast by 20% to 154 million baht, an increase of 31.4% compared to the same period last year. Still recommending Buy at a base price of 8.40 baht.
Limited stated that EKH's operating Phone Number List results for the second quarter of 2019 tended to decrease compared to the previous quarter. from seasonal factors (low season) but will continue to improve Compared to the same period last year and the highest in the group due to the increase in the number of service users, expansion of the infertility center (IVF) at Rama 9, another location since November 2018. It is expected that at the beginning of July the Rama 9 IVF Center will begin providing One Stop Service, supporting up to 100 cases per month, which will make it more convenient for customers and save travel time. Maintain the full year target of 300 cases (25 cases/month ) By mid-July, a new pediatric center will be opened with a total of 60 beds (total of the current 146 beds).
It is expected to recognize depreciation of 15 million baht per year, but this will not put much pressure on the operating results. This is because the second half of 2019 is the high season and there is a large number of child patient bases already using the service. The research department has therefore adjusted the full year profit forecast by 20% to 154 million baht, an increase of 31.4% compared to the same period last year. Still recommending Buy at a base price of 8.40 baht.