Annual Report 2005 - Parkway Pantai

Financial Review 2005Net Profi tS$ m -70 -OverviewIn 2005, Parkway delivered another set of strong fi nancialresults. Revenue for the full year surged to a record highof $549.0 million in 2005 as the year saw increasedcontributions from all our core healthcare services. Growingcontinuously over the last 5 years, net profi t attributable toshareholders hit $62.0 million.60 -50 -40 -30 -20 -33.333.650.562.0With Parkway’s strategies yielding tangible results, weexpect to see more organic growth moving forward. Ourfocus on providing high value-added healthcare services,state-of-the-art equipment, facilities and services andincreasing our marketing efforts are the key growth drivers.In addition, the investment in Pantai saw its maidencontribution in the fourth quarter of this year.Moving forward, Parkway will seek to enhance its fi nancialand strategic position with other new businesses andpossible acquisitions that are synergistic to the Group whilefocusing on our key strategies for growth.Revenue by Business SegmentS$ m -300 -250 -300.3258.620052004200 -150 -100 -104.5142.493.050 -1.82.212.510 -200154.02002200320042005RevenueThe Group’s revenue for the year surged by 35%, increasingfrom $407.8 million in 2004 to $549.0 million in 2005.This is due largely to strong international growth with Pantaicontributing about $92.0 million in the fourth quarter.The revenue for the International Hospital division sawthe largest increase of 94% to reach $104.5 million,compared to $54.0 million in FY2004. The other twodivisions, the Singapore Hospitals and Healthcare Servicessaw revenues of $300.3 million and $142.4 million orrevenue growth of 16% and 53% respectively.SingaporeHospitalInternationalHospitalHealthcareServicesOthers26