"On the other hand, the ratings are tempered by LHC™s moderate profitability; coupled with the fragmented nature of the private healthcare industry and the shortage of skilled personnel in the industry."
The full rating report follows: RAM Ratings Lanka has assigned respective long- and short-term corporate credit ratings of A+ and P1 to Lanka Hospitals Corporation PLC (LHC or the Hospital). The long-term rating has a stable outlook. The ratings are upheld by the Hospital™s strong financial profile, liquidity, ongoing state support and the positive outlook for the private healthcare industry. On the other hand, the ratings are tempered by LHC™s moderate profitability; coupled with the fragmented nature of the private healthcare industry and the shortage of skilled personnel in the industry.
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