Hearing Aid company Cochlear (ASX:COH) has reported its net profit after tax (NPAT) fell about one per cent in its first half year results to December 2017 to $111 million dollars.
In good news for the company, its sales revenue increased by six per cent to $640 million dollars.
Its earnings before interest and tax (EBIT) increased three per cent on the prior year, to $160 million dollars.
The company declared an interim dividend of $1.40 per share, up eight per cent on the same time last year.
Shares in Cochlear (ASX:COH) are trading 2.75 per cent lower to $167.07.