JAKARTA (Yosefardi) – PT Siloam International Hospitals Tbk (SILO) targets to book earning before interest, tax, depreciation and amortisation (Ebitda) of Rp508 billion this year, with ebitda growth of 70%.
This ebitda target represents 14% of total revenue of Rp3.5 trillion, targeted for this year. In 2013, ebitda margin was 12% with total revenue of Rp2.5 trillion.
SILO said its mature hospitals will continue to have annual growth ranging from 15% to 20%. While MRCC & developing and new hospitals category will continue to grow over 50% as these hospitals ramp-up their operations to mature level.
The company noted increase in property and equipment from Rp865 billion in 2012 to Rp1.4 trillion in 2013 was primarily due to the investment in new hospitals in January 2013 to December 2013.