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MIKA – Inpatient Segment Supports Recovery

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Anggaraksa Arismunandar
Anggaraksa Arismunandar
Head of Research and Analyst Division
Anggaraksa Arismunandar
Latest posts by Anggaraksa Arismunandar (see all)
  • ASII – Positive Catalysts Continue - March 23, 2022
  • WIKA – Better Performance, New Contracts Still Lagging - January 12, 2022
  • SMGR – Facing Higher Costs - December 17, 2021

MIKA booked net income of IDR 570 Bn in 9M20 or a slight decline of –2.9% yoy. However, performance improved greatly on a quarterly basis with 3Q20 net income jumped 160% to IDR 253 Bn (vs IDR 97 Bn in 2Q20). Declining volume from patient admissions and visits were able to be balanced out by increases in average spending.

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