On its first day of trading on August 14, 2025, HANN opened at THB 0.90 from an IPO price of THB 0.70. Most recently, as of 10:00 AM, the stock price was at THB 1.01, an increase of THB 0.31 or 44.29%.
Mukdahan International Hospital Public Company Limited (mai: HANN), a leading hospital network in the Mekong River Basin, has reported strong financial results for the first six months of 2025. The company posted total revenue of Baht 236.71 million and a net profit of Baht 20.67 million, marking a remarkable 169.24% increase in net profit compared to Baht 7.68 million in the same period of 2067. While total revenue for the period was relatively stable compared to Baht 240.54 million in the previous year, strong performance in the first quarter contributed significantly to the profit growth.
HANN operates three private hospitals: Mukdahan International Hospital, Ruampat Yasothon Hospital, and Dr. Hann Hospital. However, the second quarter saw a slowdown, with revenue of Baht 115.31 million and net profit of Baht 0.47 million. This decline was mainly due to the “low season” with long holidays, which reduced patient numbers. In addition, escalating tensions along the Thai-Cambodian border since April affected the company’s ability to serve Cambodian patients. HANN is actively pursuing alternative customer groups to mitigate this impact.
Strategically, the company is focusing on expanding its market to include more insurance customers and government welfare beneficiaries, while continuing to implement effective cost control measures. The company positions itself as a leading private hospital chain in the region, recognized for expertise in treating complex diseases, supported by highly skilled medical personnel and advanced equipment to deliver comprehensive care.