GXH Reports Positive Results With Flat Revenue Growth

  • Jul 24, 2020 NZST
  • Team Kalkine
GXH Reports Positive Results With Flat Revenue Growth

For the year ended 31st March 2020, Green Cross Health Limited (NZX:GXH) reported revenue of $569 million, consistent with the previous year. The company has also reduced its net debt by $9.9 million and now it stands at -$22.6 million. Other key highlights:

  • Operating Profit stood at $31.0 million, up by 5.4%;
  • The company reported net profit after tax attributable to shareholders of $13.5 million, down by 16.2%;
  • Medical segment performed well, with revenue up 8.5 per cent and operating profit up by 81.1 per cent to $8.0 million.

 


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