Diagnostic imaging centre company, Primary Health Care
(ASX:PRY) has reported a rise in most key financials with its profits (attributable to members) rising about 5 per cent to $22 million to the six months to the end of December. Its revenues rose 6 per cent to $857 million with its pathology division rising the most.
Its underlying earnings or EBIT at group level meantime fell, dipping to $81.3 million, down from the 2016’s half year EBIT of $81.9 million after adjusting from the greenfield centres going online.
It also expanded its nursing and recruitment and other support services, which increase costs in the short term but represents a long-term investment.
Its earnings per share firmed higher to 4.2 cents per share, while its interim dividend rose to 5.1 cents per share.
As a results, its shares are trading up 3.54 per cent to $3.66.
