Primary Health lifts FY revenue

Primary Health is in a trading halt as it works on a $250 million capital raising to overhaul its medical centres.

Medical centre and pathology clinic operator Primary Health has achieved an $8.9 million full-year profit after its impairment-hit $517 loss a year ago.

Primary's revenue for the year to June 30 is up 4.9 per cent to $1.74 billion and the group declared a final dividend of 5.5 cents, fully franked.

Shares in Primary were in a trading halt on Monday as the company completes a $250 million capital raising to fund new GP recruiting and modernisation at its medical centres, which suffered a 1.4 per cent drop in revenue.


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Source: AAP


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Primary Health lifts FY revenue | SBS News