Primary Health Care Ltd (ASX:PRY) full year profit jump

Company News


Medical centre operator and diagnostics provider Primary Health Care Ltd (ASX:PRY) has posted a big jump in profit for the full year this morning.

Net profit after tax for the 12 months to June 30 came to $108.5 million up fro $7.8 million the year before.

Segment earnings before interest, tax, depreciation and amortization came to $348.1 million up from $175.1 million in the prior year.

The company says its integration of Symbion Health, acquired in 2008 is on track.

Primary Health Care says it anticipates significant earnings per share and bottom line profit growth in fiscal 2010.

Primary Health Care’s 2008 net profit took a big fall from the previous years high of $56.9 million.

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