LBO Home IndoChina | About Us | To Advertise | Contact Us rss LBO Mobil rss rss rss rss rss
Australia won 2015 Cricket World Cup with a 7 wicket victory over New Zealand | Facebook to focus on three themes in 2015: Zuckerberg | Sri Lanka new rulers to get Chinese support | Sri Lanka sells $100mn of 5 year development bonds; rejects all bids at 2 and 3 years | Fitch affirms HSBC Sri Lanka branch at 'AAA(lka)'; outlook stable | Sri Lanka Freedom Party yet to decide a disciplinary action who participated pro-MR rally | Sri Lanka's President appoints a new law commission | Sri Lanka’s NDB-DFCC merger awaiting new regime’s go ahead | Ultra small computer by Intel; first look in Sri Lanka | Sri Lanka's micro-finance sector to access CRIB through a new regulation | Sri Lanka to get Chinese funded hospital for kidney patients; China to support SL on alleged human rights issues | Sri Lanka Siyapatha Finance PLC rated 'A(lka)' with a stable outlook : Rating agency | Sri Lanka’s AMW Capital Leasing and Finance upgraded to 'BBB+(lka)' : Fitch Ratings                                          
Sun, 29 March 2015 19:33:16
Sri Lanka Hemas expand hospitals
12 Aug, 2011 08:01:24
Aug 12, 2011 (LBO) - Sri Lanka's Hemas group is expanding its healthcare business with land bought in Battaramulla to build a new hospital near the island's capital, group chief executive Husein Esufally said.
"An expansion plan to add two more hospitals to the chain is well underway and we have been successful in securing a land at Battaramulla to construct our third hospital," Esufally told shareholders in a quarterly review.

The group's hospitals had seen a 26 percent increase in revenue in the June quarter and its main 100-bed hospital in Wattala had broken even in June 2011.

Hemas also has a 50 bed hospital in Galle in Sri Lanka's south.

Hemas has started a program with Sri Lanka's Open University and Aquinas University College to train 250 nurses a year.

Hemas said its healthcare sector revenues grew 16 percent to 1.8 billion rupees in the June quarter driven by pharmaceuticals. Pharmaceutical sales had increased 14 percent. The group says it has a 16.3 percent share in the private pharmaceutical distribution sector.

Your Comment
Your Name/Handle
Your Email (Your email will not be displayed)
Location
Country
Your Email
Receivers Email
Your Comment