CHL.N0000 (Durdan Hospital )

[yellow knifeTop contributor]

Sri Lanka ranks 46th place in the world aging index.


Long term investors who understand the demographic changes will definitely include hospitals in their portfolios.

2.9 million people over 60

13.9

2014

21.0

2030

28.6

2050

% of population over 60

Sri Lanka ranks moderately on the Global AgeWatch Index, at 46 overall. It performs best in the enabling environment domain (25) due to above regional average figures for social connectedness (79%), safety (71%) and civic freedom (81%).
It ranks moderately in the capability domain (36), with an employment rate (50.3%) lower than the regional average (55.1%). It also ranks moderately in the health domain (54), with life expectancy at 60 (20) and healthy life expectancy at 60 (16.2) above the regional averages (19.3 and 14.8 respectively).
Sri Lanka ranks lowest in the income security domain (78), with low pension income coverage (17.1%), a low poverty rate (11.3%) and low GNI per capita compared to regional averages.
This year, Age Demands Action campaigners in Sri Lanka are rallying to call for separate hospital wards for older people

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[yellow knifeTop contributor]

Durdans Hospitals which has been in operation for over seventy years is geared to capture this aging population opportunity.

The share of population aged 65 years or older has risen to around 14% from around 8% in 2013.

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[yellow knifeTop contributor]

Sri Lankan food habits and life styles among the working middle class has increased NCDs ( non-communicable diseases) .

Sri Lanka's expenditure on healthcare has grown steadily and based on available statistics the total expenditure on health has compound annual growth rate of 11% in last 5 years.

Company can maintain good dividend pay out .

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[yellow knifeTop contributor]

Statistics indicate in-patient admissions at private hospitals have increased more than 3 times and out-patient admissions by more than 10 times over the past decade.

Company maintain slow but steady growth in Net Assets

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[කිත්සිරි ද සිල්වාTop contributor]

Thanks YK.
Wondering if any data available after comparison done against another (like Asiri).

[yellow knifeTop contributor]

It will be like Plantation analysis or Hotel analysis. With time I will be able to do comparisons..

This is just the beginning of Hospital sector analyzing.

[SalmantheGreat]

Thank you.

But buying plantation shares can send us to hospital

[BackstageTop contributor]

Thank you.

But buying  plantation shares  can send us to  hospital

[Market loverTop contributor]

Thank you.

But buying  plantation shares  can send us to  hospital

Hahahhaha

[pathfinderTop contributor]

Thanks YK

[NuinthTop contributor]

Thx YK, very useful.

[yellow knifeTop contributor]

Thank you.

But buying  plantation shares  can send us to  hospital

Merryl J Fenando must be permanently in hospital .. is it?

[SalmantheGreat]

Don't be upset.
I said in plantation situation over past months.

Thank you.

But buying  plantation shares  can send us to  hospital

Merryl J Fenando must be permanently in hospital .. is it?

[yellow knifeTop contributor]

Dear Salmanth

I never get upset or angry...

Yes plantation is in bad shape but those who love plantation still hold including me..

Anyway lets limit this discussion for Durdans Hospital

[yaka]

YK i have a query.. is ASIR the main shareholder of CHL? (i refer to following annoncement?)

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if so they don't mention it in their group profile...

[BackstageTop contributor]

YK i have a query.. is ASIR the main shareholder of CHL? (i refer to following annoncement?)

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if so they don't mention it in their group profile...

As far as I know, CHL is Tudawe property.

[yaka]

YK i have a query.. is ASIR the main shareholder of CHL? (i refer to following annoncement?)

[You must be registered and logged in to see this link.]

if so they don't mention it in their group profile...

As far as I know, CHL is Tudawe property.

thanks BS,

this is a mistake from me, they just shorten the name central hospital limited as CHL, not referring to durdens.
sorry for the inconvenience..