Acurity cost-cutting improves 1H earnings, warns on pace of private sector growth

Sun, 03 Nov 2013

By Paul McBeth Nov. 4 (BusinessDesk) - Acurity Health Group, the private hospital owner and operator formerly known as Wakefield, has boosted first-half earnings as it stripped out costs, while warning that private healthcare operators are still in decline. Net profit climbed to $4.1 million, or 24 cents per share, in the six months ended Sept. 30, from $2.4 million, or 14 cents a year earlier, the Wellington-based company said in a statement. That was at the top end of last month’s forecast range between $3.9 million and $4.1 million, and...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

BARRY COATES: Inside the Black Box
Barry Coates | Sun, 27 Sep 2020

Ethical investment holds more surprises than many would expect.

Election 2020 Dear minister
MATTHEW NOLAN: Resources and red tape; the plant industry's election wishlist
Matthew Nolan | Sun, 27 Sep 2020

Many Kiwis give little thought to the plant industry. But we all benefit from it.

JEHAN CASINADER: NZ is better for 'special entry' medical students
Jehan Casinader | Sat, 26 Sep 2020

The good reasons why the highest grades should not be the only route to medical school

Partner Content
The whole story behind good investment decisions

If there was ever a time when strong financial metrics were the single trademark of a good company, that time has long passed. Responsible investors need to know beyond the profit a company will generate this year or next.

Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.