Ramsay reports strong results

Company News

by David Murdoch


Ramsay Health Care (ASX:RHC) has reported its core net profit after tax (NPAT) rose 12.7 per cent on FY16 to $542.7 million for the 2017 financial year.

In more good news for international health care provider, its revenue generated lifted 0.2 per cent on FY16 to $8.7 billion for the period ending 30 June. 

Its earnings before interest and tax (EBIT) increased 5.2 per cent on the prior year, to $943.4 million.

The company declared a fully-franked final dividend of 81.5 cents, up 13.2 per cent on the previous corresponding period.

Shares in Ramsay Health Care (ASX:RHC) are trading 2.42 per cent lower to $70.14.

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