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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Lanka Hospitals plans further expansion

Lanka Hospitals plans further expansion

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1Lanka Hospitals plans further expansion Empty Lanka Hospitals plans further expansion Fri Jun 01, 2012 12:28 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Lanka Hospitals plans expansion
Lanka Hospitals, which has earned a net profit of Rs. 438 million during the year 2011, compared to Rs. 289 million achieved during the previous year, is planning to commission a series of super-specialty Centers.

This facility, the hospital says will help patients to seek specialist care for a range of ailments that are at present not fully catered-for in a concerted manner in the local health care sector.

Lakith Peiris, the hospital’s CEO in his review to the 2011 annual report says, the focus will also be placed on expanding the hospital’s capacity both in terms of the number of beds as well as core facilities such as operating theatres, in the medium term.

“Lanka Hospitals will be investing in the establishment of the most up to date and the largest laboratory referral centre, with a capability of catering to almost 90% of Sri Lanka’s laboratory testing requirements”, added Peiris in his review.

He also says, in addition, the hospital will also establish a network of regional laboratories across Sri Lanka in a bid to make its services accessible to rural Sri Lankans.

The Hospital is also planning to make medical tourism a key part of its future growth plans.

“ Lanka Hospitals plans to put in place a strategic drive towards the enlargement of revenue from medical tourism and is actively engaged in yielding returns from this segment, as a core revenue driver for the medium term”, Peiris reveals.

During the year 2011, Lanka Hospitals PLC’s turnover has risen to Rs. 3,680 million as against Rs. 3,156 million achieved in the previous year.

Operational profit for the same period stood at Rs.341 million.
http://www.news360.lk/business-finance/news-01-06-2012-sri-lanka-hospitals-to-commission-a-series-of-super-specialty-centers-98765

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