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Siloam's net profit grew by 457.66% YoY

31 October 2019 13:25

JAKARTA - PT Siloam International Hospitals Tbk (SILO) generated Rp 5.21 trillion in revenue in the third quarter (Q3) of 2019, higher than the figure recorded in the same period last year of Rp 4.39 trillion. The company's net profit also grew by 457.66% year on year (YoY).

As quoted from the company's financial statements, 59.13% (Rp 3.08 trillion) of the company's total revenue came from inpatients and the rest was from outpatients. The company's revenue from inpatients grew by 18.07% YoY, while revenue from outpatients grew by 19.51% YoY. 

SILO's gross profit grew from Rp1.40 trillion in Q3 2018 to Rp 1.71 trillion. Its operating profit also grew from Rp 104.61 billion to Rp 222.60 billion. Finally, its net profit grew significantly from Rp 9.65 billion to Rp 53.81 billion. (LK/AR)

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