SILO EXPANDS HOMECARE SERVICES TO ENHANCE PATIENT ACCESS AND COMPANY PERFORMANCE

Jakarta, December 13, 2022 – PT Siloam International Hospitals Tbk. (SILO), the healthcare subsidiary of PT Lippo Karawaci Tbk. (LPKR), is enhancing its service offerings and boosting performance by expanding its homecare services for patients who are physically unable to visit Siloam Hospitals in person. With this service, patients can consult with Siloam doctors from the comfort of their own homes.

Currently, all 41 Siloam hospitals offer homecare services to communities in surrounding areas. In addition, 347 general practitioners and specialists have been prepared to provide in-home medical care. As of September 2022, Siloam Homecare Services has served over 21,000 patients. This growth in SILO’s performance has positively impacted its parent company, LPKR, which holds a 58.05% stake in SILO.

Group CEO of LPKR and President Commissioner of SILO, John Riady, stated that LPKR, through SILO, remains committed to expanding the healthcare industry in Indonesia. “Healthcare is one of the essential sectors that must continue to grow in Indonesia. With the economy expected to keep expanding, demand for quality healthcare facilities is rising. LPKR, through SILO, will continue to grow and invest in healthcare. We have a mission to meet the healthcare needs of Indonesians and are firmly committed to continued growth,” John emphasized.

As of Q3 2022, SILO recorded IDR 5.4 trillion in revenue, with IDR 1.4 trillion in EBITDA, and net profit of IDR 457 billion. SILO also reported its highest number of Inpatient Days and Outpatient Visits in Q3 2022 compared to the previous 10 quarters. Inpatient Days for the first nine months of 2022 increased by 8.3% to 587,617 days, compared to 542,772 days in the same period in 2021. In the same nine-month period, over 2.2 million outpatient visits were recorded, marking a 32.2% increase from 2021.

SILO currently operates 41 hospitals, with 15 located in the Greater Jakarta area (Jabodetabek) and the remaining 26 spread across Java, Sumatra, Kalimantan, Sulawesi, Bali, Nusa Tenggara, and Ambon.