Acurity lifts 1H earnings 22% on increased DHB work, cost cuts

Sun, 23 Nov 2014

By Paul McBeth Nov. 24 (BusinessDesk) - Acurity Health Group, the hospital operator set to be taken private by its three biggest shareholders, lifted first-half by profit 22 percent after increasing revenue from district health board work, and continued to clamp down on costs. Net profit rose to $4.9 million, or 29 cents per share, in the six months ended Sept. 30, from $4.1 million, or 24 cents, a year earlier, the Wellington-based company said in a statement. Stripping out unrealised fair value movements in interest swaps, adjusted earn...

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

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion
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.

Opinion
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.

Sponsored
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.