MIKA – Still confident to achieve FY25 targets

MIKA – Still confident to achieve FY25 targets Mitra Keluarga Karyasehat (MIKA) remains optimistic about reaching double-digit performance growth in FY25. In 1Q25, the company posted a modest net revenue increase of 2.33% yoy to IDR1.27 tn (prev: IDR1.24 tn), which resulted in a higher net profit at IDR310 bn (prev: IDR288.91 bn). The source of growth in FY25 is supported by the upcoming launch of two new hospitals—one in West Java scheduled for Jul '25 and another in East Java in Nov '25. To support those new hospitals, MIKA has set a FY25 capex budget of IDR1 tn, with IDR209 bn realized as of 1Q25. (Source : Kontan)