Services
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Green Cross Health lifts net profit 3.2% as medical division posts strong result
By Rebecca Howard May 29 (BusinessDesk) - Green Cross Health said net profit lifted 3.2 percent as its medical division posted a strong result. However its community health division faced funding challenges and its pharmacy division saw its gross margin decline. Net profit...
Policy
Budget leaks suggest govt to centralise mental health spending control
By Ian Llewellyn for BusinessDesk May 28 (BusinessDesk) - Leaked Budget documentation indicates the government is seeking to centralise health spending control in key areas such as mental health. National’s release of what it says is an overview of the spending in some port...
Blis finally cracks an annual profit after almost 18 years of public life
By Paul McBeth May 28 (BusinessDesk) - Blis Technologies reported a maiden profit, almost 18 years since listing, and the probiotic maker expects to chalk up a bigger profit in the coming year on growing international demand for its probiotic products. The Dunedin-based co...
Property
Retirement home operator Arvida reports strong FY19 earnings lift
By Pattrick Smellie May 28 (BusinessDesk) - Arvida Group is reporting a 17 percent increase in underlying profit after tax of $38.6 million for the year to March 31, citing new retirement villages acquired in previous years and higher resales of vacated units at higher margins...
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