Abano meets guidance with first-half earnings after sale of pathology, orthotics

Sun, 20 Dec 2015

By Jonathan Underhill Dec. 21 (BusinessDesk) - Abano Healthcare, the listed medical and dental centre investor, posted first-half profit that met its guidance after the sale of its pathology and orthotics businesses a year earlier. Profit was $3.4 million in the six months ended Nov. 30, down from $3.5 million a year earlier, the the Auckland-based company said. Revenue fell to about $108 million from $114.9 million. The profit was within the company's guidance range of between $3 million and $3.6 million given at the annual meeting on...

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