Monash IVF Group sees a decline in profit

Company News

by Rachael Jones

Monash IVF Group (ASX:MVF) reported a decline of 27.9 per cent in reported net profit after tax (NPAT) to $21.4 million.

The business has been impacted by the departure of a Victorian Fertility Specialist.

Revenue from ordinary activities is down 2.9 per cent to $150,638 million.

Earnings before interest and tax (EBIT) down 25.7 per cent to $33,158 million.

Financial year 2018 dividends are down 31.8 per cent on last year to 6 cents.
 

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