API profit dips to $24.3m

Australian Pharmaceutical Industries this morning revealed its full year results to 31 Aug, with overall revenue stable at around $3.2 billion and profit declining 20{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} to $24.3 million for the 12 months.

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However ceo Stephen Roche said the underlying net profit after tax was up 9.6{845d44a2f09c0018d802e19e78941a85dc2180e4ed7410cee0b34e8cb134ecea} on the prior year, with the result showing “steady improvements in key operational and financial measures”. Pharmacy Daily- Read more……