Monash IVF Group Ltd (ASX:MVF) has released its 1H FY2020 results for the period ended 31 December 2019.
- Revenue for the period was approximately $77.0 million down by 2% as compared to the previous corresponding period (pcp);
- Net profit after tax (NPAT) decreased by 3% to $9.1 million;
- Fully franked dividend of 2.1 cents was declared by the company;
- NIPT continues to upsurge as volumes rise to 6,726 from 6,536;
- Closing cash balance was $0 million up by 8.7% as compared to pcp.