Healthscope Completes Three Major Hospital Projects and Delivers In Line
Healthscope reported underlying net profit after tax, or NPAT, of AUD 182.8 million in the 12 months to June 2016, up 18.9% on the prior period and broadly as expected. Underlying EPS was AUD 10.5 cents, up 5% on the prior period. The final dividend of AUD 3.9 cents brings the full year dividend to AUD 7.4 cents, unfranked, reflecting a payout ratio of 70%. Group revenue increased 6.2% to AUD 2,901 million, largely underpinned by the Australian hospital and New Zealand pathology divisions, which...Healthscope is a private healthcare provider, with 45 private hospitals and 48 medical centres and skin clinics across Australia, as well as 56 international pathology laboratories. Co. is also a provider of pathology services in New Zealand, Singapore and Malaysia. Co.'s reportable segments are Hospitals Australia, which provides management and surgical and non-surgical private hospitals; Pathology New Zealand, which provides pathology services in New Zealand; and Other, which provides pathology services in Malaysia, Singapore and Vietnam and practice management services in medical centres in Australia.
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