PETALING JAYA: Earnings growth for IHH Healthcare Bhd may be decent, but it is not as attractive compared with other similar large defensive stocks, says UOB Kay Hian Research (UOBKH Research).
The research house said, despite the nature of IHH’s operations being defensive, meaning it generally exhibits low volatility through all phases of the economic cycle, there are certain regions in which the group operates that are tumultuous.
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