UPDATE: Green Cross Health operating profits stall despite revenue gain

Mon, 28 Nov 2016

(UPDATE: adds paragraph 3 to clarify one-off gain) By Edwin Mitson Nov. 28 (BusinessDesk) - Green Cross Health, the listed medical services provider, saw its first-half operating profit stall despite a large one-off gain which boosted its statutory net profit 24 percent. The company, which was formerly known as PharmacyBrands, saw net profit rise to $12.8 million in the six months to the end of September 2016, from $10.3 million a year earlier, on an 11.5 percent increase in revenue to $237 million. However, that profit includes a one...

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