- 8.56 million euros Net profits in the 1st half of the year.
- Increase of 926 % in the Group net profits and 1,713% in company net profits.
The results for the 1st Half of 2007 were announced by the company "Diagnostics and Therapeutic Centre of Athens HYGEIA S.A.", based on the International Financial Reporting Standards.
The interim 2007 results are characterized by continuous growth compared to the first half of 2006, verifying the management's strategic plan.
The improvement of financial fundamentals is illustrated in all company's and group assets:
TURNOVER: At consolidated level the Group's turnover amounted to 57.18 million euros increased by 20% y-o-y during the first six month period, compared to 47.59 million euros in the same period of 2006. At company level turnover increased by 19% y-o-y to 56.18 million euros compared to 47.25 million euros for the corresponding period last year.
GROSS PROFIT: A stable increase of 104% y-o-y was presented in gross profit at Group's level and amounted to 12.25 million euros compared to 6.00 million euros in the corresponding period of 2006. At company level the gross profit amounted to 11.03 million euros compared to 5.29 million euros for the same period of 2006, presenting an increase of 108% y-o-y.
NET PROFITS: Group's net profits present a continuous increase of 926%, amounting 8.56 million euros compared to 0.84 million euros in 2006. At company level net profits reached 8.93 million euros, increasing by of 1,713%, with the corresponding first six months of 2006, which were 0.49 million euros.
The above results indicate that the Restructuring and Development Program of the Group continues with success. Its management continues with the implementation of the strategic plan and remains steadily focused on the reinforcement of the Group activities Group both within and outside Greece, with the goal of creating the largest group of integrated Healthcare services in the region of S.E Europe and the Mediterranean.
It is noted that 2007 has been characterized by the management of the Group as "a year of extroversion and implementation of development's investment plans".