Ramsay profits rise

Company News


Ramsay Health Care Limited (ASX:RHC) has generated a net profit of $266.4 million, up 9 per cent on last year’s result.
 
The hospital operator announced a core net profit after tax of $290.9 million for the year ended June 30, up 15 per cent on the previous year’s result.
 
In the same period revenue lifted 5.5 per cent to $4.2 billion.
 
Managing Director Christopher Rex says the group will continue its growth strategy of reinvesting in existing facilities, developing more partnerships and pursuing acquisitions in new markets.
 
The group will pay a fully-franked final dividend of 41.5 cents.

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