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Apex Radiology reports 62% profit decline

The directors of Image Plus Consultants, which trades as Apex Radiology, are reporting a 62 per cent tumble in its profits to $16.2 million on revenues of $277.2 million during the quarter, which ended on November 30.
 
Administrative expenses amounted to $128.5 million while other expenses amounted to $271 million. 
 
The company however reported a 20 per cent reduction in its net profits to $33.1 million on revenues of $803.3 million during the nine-month period, which ended on November 30. 
 
The company suffered foreign exchange losses of $158,000, while its finance cost amounted to $9.9 million.  
 


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