GWest Corporation is reporting net profits of $400,000 on revenues of $75 million for the first quarter ending June 30.
This compares with a net loss of $16 million during the similar period last year.
Revenues climbed 33% driven by a 57% increase in patient fees and a 4% rise in lease income.
Expenses rose to $74 million, while total assets fell to $1.62 billion from $1.74 billion.
Cash and cash equivalents grew to $45 million and operating cash flow reached $62 million.
Shareholders' equity slipped to $668 million from $687 million.
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