Green Cross Health posts 20% gain in first-half profit on growth in pharmacy returns

Tue, 24 Nov 2015

By Jonathan Underhill Nov. 24 (BusinessDesk) - Green Cross Health, the primary healthcare group formerly known as PharmacyBrands, posted a 20 percent gain in first-half profit on increased returns from its Life Pharmacy and Unichem pharmacy chains and a contribution from its community health businesses. Profit was $8.3 million in the six months ended Sept. 30, from $6.9 million a year earlier, the Auckland-based company said in a statement. Sales jumped 58 percent to $213 million and included a contribution from its newly acquired communi...

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