Chularat Hospital's revenues to recover in FY25-26F: report

SG&A expenses are anticipated to trend down.

Chularat Hospital’s revenues for FY25-26F are expected to recover as selling, general, and administrative (SG&A) expenses dip down, according to CGS International.

The decline is also attributed to stable reimbursement rates for Social Security Scheme patients.

The hospital's SG&A ratio rose to 20.% in 4Q24, up from 15.8% in 4Q23 and 10.5% in 3Q24.

“The SG&A ratio averaged 12.5% in FY24 vs. 9.0% in FY23,” the report said.