Primary Health Care Limited (ASX:PRY) has improved its annual profit by 8.3 per cent but flagged uncertainty about the Federal Government's proposed co-payments initiatives.
The healthcare provider reported a net profit of $162.5 million in the 2014 financial year as revenue rose 6 per cent to $1.5 billion.
Looking ahead the company has advised there remains considerable uncertainty on the proposed Federal Government's co-payments initiatives which may or may not be legislated.
Given the significant uncertainty Primary says it will not provide further commentary on its possible competitive response to such changes.
A fully-franked final dividend of 11 cents per share has been declared, taking the full year payout to 20 cents per share.
