Abano lifts 1H profit 51% as dental revenue grows, audiology turns around

Sun, 21 Dec 2014

By Paul McBeth Dec. 22 (BusinessDesk) - Abano Healthcare, the listed healthcare investor, boosted first-half profit 51 percent on increased revenue from its dominant dental business and a turnaround at its unprofitable audiology businesses. Net profit after minorities rose to $3.5 million, or 16.89 cents per share, in the six months ended Nov. 30 from $2.3 million, or 12.56 cents, a year earlier, the Auckland-based company said in a statement. Earnings before interest, tax, depreciation and amortisation advanced 7 percent to $13.9 million...

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