Medibank Private (ASX:MPL) has reported its net profit after tax (NPAT) is down 1 per cent to $445.1 million from $449.5 million on the 2017 financial year.
Its revenue is up 1.6 per cent to $6,906.4 million from $6,797.0 million on the prior corresponding period.
The company want to build competitive advantage in health insurance and transform into a broader health services company
Dividend per share 12.70 cents, up from last year.
A fully franked final dividend of 7.20 cents per ordinary share was declared today in respect of the six months ended 30 June 2018, payable on 27 September.
Shares in Medibank Private (ASX:MPL) closed -0.63 per cent lower to $3.17