Mitra Keluarga To Distribute Dividend of Rp363,8 Billion
Jakarta, May 30, 2016 – At the Shareholders’ General and Extraordinary Meeting, which was held on Friday, May 27, 2016 at the Auditoarium of Mitra Keluarga Hospital Kelapa Gading, Jakarta, the President Director of PT Mitra Keluarga Karyasehat Tbk ((“Mitra Keluarga” or the “Company”), Ir. Rustiyan Oen, MBA, presents the performance of the company in 2015. The Company’s performance showed positive growth characterized by the rate of increase growth in revenue and net profit, which are in healthy condition. In accordance with the Company’s commitment to increase return of investment of the shareholders and supported by the Company’s strong cash flow, the Company’s Board of Directors proposed a Rp363,8 billion (64.2% payout-ratio) or Rp25, – per share cash dividend.
The net profit in 2015 has reached Rp588,5 billion, an increase of 9.7% from the previous year performance, supported by increased revenue of 10.0%, from Rp1.945,5 billion in 2014 to Rp2.140,7 billion in the year 2015. the gross profit margin rose to 45.4% from 44.4% a year earlier, supported by ongoing efforts to improve performance efficiency. Revenue from outpatient services to achieve growth of 14.1%, while revenue from inpatient services rose by 7.9% in 2015.
Sales growth is supported by the growth of healthcare services in hospitals owned by the Company and the successful opening of its twelfth hospital, namely Mitra Keluarga Kalideres in 2015 with a total of 44 beds operating for the early stages and is planned to continue to increase the number of beds in line with growing numbers of patients in the hospital.
“The healthcare industry in Indonesia is increasingly challenging in line with the growth of the middle class people, therefore innovations, accurate calculation and best service to the customer becomes the main spearhead to continue the business. The success of the IPO in 2015 have provided the Company with a more solid foundation and the existing funds will be used for the development of hospitals in densely populated areas in Greater Jakarta and Surabaya as well as the purchase of medical devices and new information technology system. As part of the transformation process, we have also launched a new corporate branding of Mitra Keluarga which reflects the Company’s commitment to continue to provide “life.love.laughter.” to consumers, employees, business partners and the community, “said Director of the Company, Ir. Rustiyan Oen, MBA
In 2015, net income amounted to Rp588,5 grew by 9.7% and reflects the Company’s ratio of earnings to sales after tax stable at 27.5% compared to last year. In addition, the Company also has no bank debt or other debt instruments and recorded a net cash position amounted to Rp2.387,2 billion on December 31, 2015.
The Company establishes the use of profits for the financial year ended on December 31, 2015 for a dividend of Rp363,8 billion while Rp5.7 billion will be recorded as a reserve fund and the remainder recorded as retained earnings.
The Company also report the use of proceeds from the Public Offering for the period ending March 31, 2016. IPO Funds already realized amounted to Rp156.6 billion and are mostly used for building Mitra Keluarga Kalideres hospital. Remaining funds amounting to Rp1.1 trillion is stored in the form of time deposits and current accounts.
Through this meeting, the Company also set a change in the composition of the Board of Commissioners and / or its Directors and is to appoint new members of the Board of Commissioners and Board of Directors which are Hamzah bin Mahmood, MBA as Commissioner and dr. Esther Maria Ramono, MM as an Independent Director.
The Company’s Optimism in Building the Healthcare Industry in Indonesia
Going forward, the Company plans to open six hospitals until 2019 in Jakarta and Surabaya, which is to be implemented according to the original plan which is expected by the end of 2019, the Company will operate 18 hospitals with a capacity of approximately 3,400 beds. Two hospitals are planned to be opened in 2017.
Company’s Managing Director, Ir. Rustiyan Oen, MBA emphasizes, “Mitra Keluarga have been coming strong in the world of health in Indonesia for over 25 years and we will continue to actively take an important part in this industry along with our qualified doctors and medical workers, as to bring Mitra Keluarga become a leading health care provider in Indonesia. We are committed to providing care and treatment for Indonesian families so they can live happy, full of love and laughter.
Mitra Keluarga at a Glance
Mitra Keluarga built its first hospital back in 1989 and currently owns and operates twelve hospitals, of which eight are located in Greater Jakarta, three in Surabaya, East Java, and one in Tegal, Central Java. Typically, the hospitals are equipped with emergency rooms, outpatient clinics, inpatient wards, operating rooms, intensive care units and a pharmacy, as well as laboratory and radiology facilities. The hospitals also offer specialized services such as obstetrics, pediatrics, internal medicine, angioplasty, orthopedics surgery and neurosurgery, amongst others. All Mitra Keluarga hospitals are accredited by Indonesian Commission on Accreditation of Hospital (KARS).
From its humble beginnings, Mitra Keluarga has transformed into one of Indonesia’s biggest private hospital operators by an intake of 1.72 million patients in 2015. It is the second largest private hospital in terms of hospital bed capacity with 1,725 operational beds as of 31 December 2015.
Mitra Keluarga employed more than 5,000 medical professionals including doctors, laboratory staff, nurses and therapists with close to 900 specialists practicing in all of its hospitals by 2015.
The company successfully listed its shares in the Indonesia Stock Exchange on March 24, 2015. With 18.0% free-float, Mitra Keluarga has a market capitalization of Rp34.92 trillion as of December 31, 2015. (IDX:MIKA).
For further information please contact:
Joyce V Handajani, Corporate Secretary, PT Mitra Keluarga Karyasehat Tbk
Tel: 62-21 45852700 | email: firstname.lastname@example.org
Investor Relations, PT Mitra Keluarga Karyasehat Tbk
Tel: 62-21 45852700 | email: email@example.com