Orion Health Group extends FY loss

Company News

Dual listed Orion Health Group Limited (ASX:OHE, NZE:OHE) has extended its annual loss but reported 7 per cent revenue growth.  

The healthcare software and services provider posted a net loss of $NZ61 million,or about $AUD57 million, in the period to the end of March 2015.  

Orion has attributed the result to increased investment in new product development and building its service delivery capacity to meet customer demand.

CEO Ian McCrae says FY2015 has been a challenging year for the company but several strategic milestones were achieved which have uncovered immense opportunity. 

No dividends have been declared. 

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