Alpha IVF Group Bhd posted a 12.4% YoY decline in net profit for its third quarter, dragged by expansion costs and lower contributions from its Singapore operations. The company posted a lower net profit of RM11.9mil, or an earnings per share of 0.24 sen, compared with RM13.6mil or 0.30 sen in the year-ago quarter.

I don't usually comments unless is necessary.

Their branch in Penang is the worst compared to other IVF centers in the island. customer service is bad, no system, staff don't know what to do and rude, hand written number.

From this, it is more likely their customers will consider to go to other IVF in the future if they don't improve.
So no point expanding business unless the internal management improves or else the profit will drop tremendously same as the share price!!

According to recent industry reports, the IVF market was valued at USD 29.05 billion in 2024, and it is expected to grow at a CAGR of 8.4% during the forecast period from 2025 to 2032. By 2032, the market could reach a value of USD 55.39 billion !