Expanding Business and Positive Q3 Results for PRINC
By: [Journalist’s Name]
Stock dimension – PRINC The beauty business is the focus of attention for PRINC as it seeks to expand and increase margins. A potential JV deal with additional partners could bring a big surprise for the company. The Q3 budget has shown positive results, much to the satisfaction of the management.
Principal Public Company Limited, led by Dr. Krittawit Lert Utsahakul, is capitalizing on its hospital expansion plan. With 20 locations in the pipeline, including the recently opened Mukdahan State, the company is committed to providing specialized medical care and has set its sights on opening new facilities by late 2024.
“For winning a JV in the beauty business group.
The most outstanding edge.”
The company’s confidence in the beauty business group is evident as it aims for a net margin of over 10%. Recent consolidation efforts with “Pewdee Clinic” and “Pongsak Medical Clinic” have propelled PRINC into the TOP10 list, signaling further growth potential in the future. The company is also exploring the possibility of entering a JV with a new partner by the end of the year.
“Confident that Q4 will continue to perform well.
With the support of insurance patients”
Despite the challenges posed by the rainy season, PRINC’s luxury business reported a profit of 32 million baht in Q3. The increase in OPD patients contributed to a new record in market share, particularly in the Self-pay and Insurance groups. This performance is expected to carry over and support the company’s operations in Q4/23.
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Stock dimension – PRINC Hurry to attack “Beauty business” in full swing, boosting the size of the margins There is a chance of a big surprise JV deal with additional partners. Pleased with the Q3 budget turning positive
PRINC or Principal Public Company Limited Capital by “Dr. Krittawit Lert Utsahakul, the managing director, revealed that the hospital expansion plan continues as planned with 20 locations, currently there are 15 locations, the latest being Mukdahan State, with a capacity of 59 beds, along with the expansion of specialized medical centers. Treatment of complex diseases Fully planted in the northeast region and neighbors expected to open in late 2024.
“For winning a JV in the beauty business group.
The most outstanding edge.”
In addition, the company is confident in the beauty business group. and is classified as a group with an important future “Net Margin” is better than 10%, most recently in the process of consolidation “Pewdee Clinic” and “Pongsak Medical Clinic” managed to reach the TOP10 list, suggesting the need for us to follow plans for the future at the end of this year. There may be a chance of entering into a JV with a new partner.
“Confident that Q4 will continue to perform well.
With the support of insurance patients”
Although the results of Q3 Luxury business turned positive with a profit for the period of 32 million baht, which was during the rainy season OPD patients increased, pushing ADC’s share to increase to a new record. This was the best quarterly performance. In terms of the main groups, Self-pay and Insurance, the group grew well and is expected to continue to support performance until Q4/23.
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Website: https://www.mitihoon.com/
Facebook: https://www.facebook.com/mitihoon
Youtube: https://www.youtube.com/@mitihoonofficial7770
Tiktok: www.tiktok.com/@mitihoon
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