The Islamabad-based Shifa International Hospital (SHFA) must be doing something right, which is why its performance at Karachi Stock Exchange has stayed upbeat.
The hospital shut FY15 with 16 percent year-on-year expansion in net earnings. According to hospital sources, the growth was broad based; from increased amount of patient visits, higher amount of surgeries and processes to improved outside drugstores and laboratory pickup points all given to top line increase.
In FY16, at the same time the hospital is likely to open shop as well. Even if Shifa’s gross profits stay put at current levels, the absolute revenue growth might continue to drive its stock north.