Ramsay Health Care Reports Strong Profit Growth

Ramsay Health Care (AU:RHC) has released an update.

Ramsay Health Care has reported a robust financial performance, with a notable 198.1% surge in statutory net profit after tax, boosted by the $618m profit from the sale of its Asian joint venture RSD. The company achieved a 7.3% increase in revenue from patient activity and anticipates continued growth in NPAT for FY25, despite facing cost inflation pressures and a slower activity growth rate. Shareholders were rewarded with a 6.7% increase in the full year dividend to 80.0 cps, reflecting the company’s strong balance sheet and disciplined management.

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