Several hospital management companies experienced significant increases in revenue and net profit throughout 2021.
PT Sejahteraraya Anugrahjaya Tbk, which manages the Mayapada Hospital network, recorded revenue growth of 49.9%, reaching Rp1.92 trillion in 2021.
This company, with the stock code SRAJ, achieved a net profit of Rp165.30 billion in 2021, despite experiencing a net loss of Rp14.38 billion the previous year.
Meanwhile, Mitra Keluarga Karyasehat, which operates at least 26 hospitals, recorded revenue growth of 27.3%, reaching Rp4.35 trillion in 2021.
The net profit of this company, with the stock code MIKA, grew by 46% to Rp1.22 trillion in 2021, continuing the growth from the previous year.
The largest profit growth was experienced by PT Siloam International Hospitals Tbk, which manages at least 39 hospitals.
The revenue of this company, with the stock code SILO, increased by 31.9% to Rp9.38 trillion in 2021. Meanwhile, its net profit grew dramatically by 480.32% to Rp674.11 billion that year.
The financial performance of hospital management companies generally improved in line with the increase in inpatient and outpatient visits.