KUALA LUMPUR, Sept 8 (Bernama) -- Bursa Malaysia closed almost flat on Tuesday as buying interest rotated away from index heavyweights towards smaller-cap construction stocks, with sentiment affected by geopolitical uncertainty, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.39 of a point to 1,714.40 from Monday’s close of 1,714.79. The benchmark index opened 1.65 points lower at 1,713.14 and moved between 1,710.44 and 1,714.50 throughout the trading session. The broader market was almost evenly balanced, with decliners leading gainers 548 to 546, while 598 counters were unchanged, 1,107 were untraded and 25 were suspended. Turnover expanded to 4.13 billion units valued at RM3.14 billion from 3.60 billion units valued at RM2.45 billion on Monday.
Revenue Surges 26% on Strong Healthcare Demand, Acquisitions IHH Healthcare Bhd (KL:IHH) reported a slight increase in net profit to RM732 million for 4QFY2024 , up from RM728 million a year earlier. Quarterly revenue jumped 26.5% to RM6.69 billion , fueled by: Higher inpatient volumes and revenue intensity from more complex cases. The consolidation of Timberland Medical Centre and Island Hospital post-acquisition. Dividend Payout Increased Final dividend declared: 5.5 sen per share, payable on April 28 . Total FY2024 dividend: 10 sen per share , up from 9 sen per share in FY2023 . Dividend payout ratio: 40% of profit after tax and minority interests (Patmi), exceeding the 30% policy threshold . Financial Performance Breakdown Earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 33% YoY to RM1.4 billion . Excluding MFRS 129 effects (hyperinflation adjustments in Türkiye), revenue and EBITDA would have grown 1...