Abano forecasts 2017 annual profit as dental chain grows

Mon, 08 May 2017

By Tina Morrison May 9 (BusinessDesk) - Abano Healthcare, the Australasian radiology and dental centre operator, expects to deliver a second consecutive annual profit this year as it benefits from growing its dental chain. The healthcare investor forecast profit of between $9.7 million and $10.5 million in the year ending May 31, compared with a $28.4 million profit in 2016, which was boosted by a $20.2 million gain on the sale of its half share in audiology business Bay International. It had a $1.3 million loss in 2015, including one-tim...

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