JAKARTA - PT Mitra Keluarga Karyasehat Tbk (MIKA) targets revenue growth of up to 15 percent to 17 percent and the EBITDA margin to grow 37 percent to 38.5 percent by 2024.

"So indeed for this year's target and revenue, we are targeting it in the range of 15-17 percent for revenue growth. For the bottom line, we use EBITDA. Because we usually use the hospital as EBITDA rather than net profit. So for our EBITDA, the target is for EBITDA margins in the range of 37-38.5 percent," said Head of Investor Relations Mitra Keluarga, Aditya Widjaja in Public Expose Live 2024, Friday, August 30.

Aditya said that to achieve this target, the company has prepared various growth strategies, namely continuing to expand by building or acquiring hospitals and increasing capacity organically and inorganically through a strong greenfield hospital network.

In addition, Aditya said that the company will also continue to increase the intensity of income by offering more sophisticated and complex services. As well as expanding the business portfolio by entering the National Health Insurance (JKN) market, and increasing operational efficiency.

"The main key for us is how to increase the profitability of the services we provide," he explained.

In addition, the company will also increase hospital digitization by reducing human errors, efficient health care data analysis, providing access to real-time health care, providing unrestricted hospital access and reaching out to patients, as well as improving good relations and providing the best care for patients.

As for June 2024, the company recorded revenues of IDR 2.45 trillion in the first semester of 2024 or grew 19.7 percent compared to the same period in the previous year which amounted to IDR 2.04 trillion.

Furthermore, the company's largest contributor came from revenue from the drug and medical equipment segment by 45 percent, the medical support service segment contributed 21 percent, the hospitalization and operation segment contributed 16 percent, and other segments dominated by doctor fees or doctor fees of 18 percent.


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