F and P Healthcare lifts 1H profit to record, affirms annual earnings guidance

Thu, 21 Nov 2013

By Paul McBeth Nov. 22 (BusinessDesk) - Fisher & Paykel Healthcare, which makes breathing masks and respirators, boosted first-half profit 34 percent to a record, reporting growth in both its major product lines, and affirmed its expectations for more annual earnings growth. Net profit rose to $44.5 million, or 7.9 cents per share, in the six months ended Sept. 30, from $33.3 million, or 6 cents, a year earlier, the Auckland-based company said in a statement. Revenue advanced 14 percent to $303.9 million, with 15 percent growth in sales of...

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