NZ's Green Cross Health eyes best day in 6 weeks on upbeat FY results

Green Cross Health

28/05/2021 01:05

** Shares of Green Cross Health  GXH.NZ  rise as much as
4.8% to NZ$1.1, marking their biggest intra-day percentage gain
since April 16
    ** Primary healthcare services provider reports annual net
profit after tax of NZ$16.8 mln ($12.24 mln), rising 28% from
previous year 
    ** Co posts annual operating revenue in line with last year
at NZ$570 mln
    ** GXH says it has grown significantly through acquisitions
in its pharmacy, medical and community health business units
which has resulted in the recognition of goodwill in the amount
of NZ$76.9 mln, NZ$40.1 mln and NZ$19.0 mln, respectively 
    ** Stock hits highest since April 20
    ** GXH down 7.1% YTD as of last close 
    



($1 = 1.3729 New Zealand dollars)

 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))