Green Cross acquisitions drive 18% lift in annual profit

Tue, 24 May 2016

By Paul McBeth May 24 (BusinessDesk) - Green Cross Health lifted annual profit 18 percent as the primary healthcare group added to its pharmacy chain and expanded into community nursing and medical services. Net profit attributable to shareholders rose to $17 million, or 12.53 cents per share, in the 12 months ended March 31, from $14.4 million, or 10.88 cents, a year earlier, the Auckland-based company said in a statement. The company's pharmacy retail chain continued to make the biggest contribution, accounting for two-thirds of the $4...

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