F&P Healthcare hits record $1 billion milestone

Fisher & Paykel Healthcare topped $1 billion in revenue, reported a record full-year net profit and expects further gains in the current financial year as it puts litigation behind it and benefits from the lower New Zealand dollar.

Net profit lifted 10 per cent to $209.2 million in the 12 months to March 31 while revenue was up 9 per cent at $1.07 billion, the Auckland-based maker of hospital equipment and personal sleep apnea products said.

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Source from- www.nzherald.co.nz
Published May 27th 2019