Green Cross Health Full Year Results to 31 March 2023

Green Cross Health reported a Net Profit After Tax Attributable to Shareholders of $45.2m for the audited twelve months ended 31 March 2023, an increase of 89% on the prior year.

This included a gain of $21.8m from the divestment of the Community Health division.

The Group declared a 28cps ($40.1m) special dividend on 28 April 2023 following divestment of Community Health, and a further 3.5cps dividend to be paid on 23 June 2023.

Green Cross Health, the Group behind Unichem, Life Pharmacy and The Doctors, has reported a Net Profit After Tax Attributable to Shareholders of $45.2m for the audited twelve months ended 31 March 2023, an increase of 89% on the prior year.

This included a gain of $21.8m from the divestment of the Community Health division.

The Group declared a 28cps ($40.1m) special dividend on 28 April 2023 following divestment of Community Health, and a further 3.5cps dividend to be paid on 23 June 2023.

The result was driven by a change in revenue mix with higher margin COVID-19 vaccination activity replaced by