Estia Health Limited
(ASX:EHE) has announced its Net Profit After Tax has increased by 47 per cent to $40.7M for the year ended 30 June 2017.
The aged care provider reported EBITDA rose to $86.5M for the period, in line with guidance.
Revenue also improved, up 18 per cent to $524.6M.
Estia has attributed the results to operational improvements made during the year and a focus on development-led growth opportunities.
The company has announced a fully franked final dividend payment of 8 cents
Shares in Estia Health Limited
(ASX:EHE) are trading about 4.82% higher at $3.16.