BDMS’ Profit Drops 37% as Covid Outbreak Prevent Int’l Patients from Medical Tourism

Bangkok Dusit Medical Services Public Company Limited (BDMS) has reported its 3Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

BDMS reported a net profit of 1,800 million baht, decreased 37.70% compared to the same period of last year. The decrease was mainly due to its 3Q20 income, which recorded at 16,976 million baht, a decrease of 22% YoY. The decrease was mainly due to a decrease in international patient revenue as a result of travel restrictions from the coronavirus outbreak. However, revenue from Thai patients increased from 2Q20 due to a higher patient volume given the government lifting the national lockdown after Thailand successfully control the pandemic.