Last year, Alpha IVF entered into an agreement with PT Hotel Indonesia Natour to reserve the leasing of a plot of land with a total land area of 6,000 square metres in the health and tourism special economic zone in Bali.
The specialist centre in Bali will be another overseas centre for Alpha IVF following the successful setting up of the Singapore centre in November 2019.
Management is optimistic about its prospects and ability to sustain growth, especially with the upward trajectory of patients choosing Malaysia for reproductive treatments
ALPHA’s in vitro fertilization (IVF) success rates have reached global benchmarks, with the company achieving a remarkable 82.5% pregnancy success rate
ALPHA Strong Financial Performance: • Revenue Growth: Revenue increased from RM62.1 million in FY2021 to RM137.5 million in FY2023, a growth of 121.5%. • Profit Growth: Net profit soared from RM2.3 million in FY2021 to RM54.8 million in FY2023, a 2,282.6% increase. • Profit Margins: Gross profit margin increased to 55.8%, and net profit margin surged to 39.9%.
Just check, Alpha will further expand its specialist centres in Malaysia, Indonesia, and either Cambodia or Laos, as well as its research and development team, to keep up with the latest developments in assisted reproductive services. Nice!
SC Introduces Accelerated Transfer of Listing from ACE Market to Main Market for Eligible ACE Market Companies Under the new accelerated transfer process, an ACE Market PLC must, among others, have a daily market capitalisation of at least RM1 billion for the past six months, and meet the profit requirements for companies seeking listing on the Main Market.
Alpha IVF’s market capitalisation is currently RM1.55 billion and has remained at this level since its listing. It is very certain that the company can enter the main board within this year
Business is good and ALPHA is expanding into China and Indonesia, establishing new specialized centers, satellite clinics, and sales offices to tap into these large markets.
Management is optimistic about the company’s prospects and ability to sustain growth, especially with the rising number of patients choosing Malaysia for fertility treatments
ALPHA plans to expand into China and Indonesia, establishing more specialized centers and four satellite clinics in major cities across Indonesia, while opening two sales offices in China. Keep growing ALPHA
The eight cornerstone investors in Alpha IVF were abrdn Malaysia Sdn Bhd, AHAM Asset Management Bhd, AIA Bhd, Eastspring Investments Bhd, Hong Leong Asset Management Bhd, Kenanga Investors Bhd, Lion Global Investors Ltd and Value Partners Hong Kong Ltd 😉
Next expansion news - Alpha IVF Group Bhd is venturing into the Philippine medical business, focusing on obstetrics and gynaecology as well as fertility, as it formed a joint-venture with two doctors from that country.
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phunkietown
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Posted by phunkietown > 2024-08-16 16:30 | Report Abuse
Last year, Alpha IVF entered into an agreement with PT Hotel Indonesia Natour to reserve the leasing of a plot of land with a total land area of 6,000 square metres in the health and tourism special economic zone in Bali.
The specialist centre in Bali will be another overseas centre for Alpha IVF following the successful setting up of the Singapore centre in November 2019.