Athens Medical Center SA Announces Consolidated and Non-Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2012
August 27, 2012
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Athens Medical Center SA announced consolidated and non-consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, on consolidated basis, the company reported turnover of EUR 55,613,000 compared to EUR 52,913,000 a year ago. Loss before taxes was EUR 1,377,000 compared to EUR 3,616,000 a year ago. Total comprehensive loss attributable to owners of the parent was EUR 2,185,000 or EUR 0.0253 per basic share compared to EUR 6,985,000 or EUR 0.0805 per basic share a year ago. Loss after taxes attributable to owners of the parent was EUR 2,196,000 compared to EUR 6,985,000 a year ago.
For the six months, on consolidated basis, the company reported turnover of EUR 130,351,000 compared to EUR 104,429,000 a year ago. Profit before taxes was EUR 13,478,000 compared to loss of EUR 2,678,000 a year ago. Total comprehensive income attributable to owners of the parent was EUR 9,005,000 or EUR 0.1037 per basic share compared to loss of EUR 6,305,000 or EUR 0.0727 per basic share a year ago. Profit after taxes attributable to owners of the parent was EUR 8,997,000 compared to loss of EUR 6,308,000 a year ago. Total outflows from operating activities were EUR 6,305,000 compared to EUR 1,522,000 a year ago. Purchase of tangible and intangible fixed assets was EUR 4,416,000 compared to EUR 717,000 a year ago.
For the quarter, on non-consolidated basis, the company reported turnover of EUR 54,445,000 compared to EUR 49,694,000 a year ago. Loss before taxes was EUR 823,000 compared to profit of EUR 584,000 a year ago. Total comprehensive loss attributable to owners of the parent was EUR 1,632,000 or EUR 0.0188 per basic share compared to EUR 75,000 or EUR 0.0009 per basic share a year ago. Loss after taxes attributable to owners of the parent was EUR 1,632,000 compared to EUR 75,000 a year ago.
For the six months, on non-consolidated basis, the company reported turnover of EUR 127,713,000 compared to EUR 98,059,000 a year ago. Profit before taxes was EUR 15,919,000 compared to EUR 4,049,000 a year ago. Total comprehensive income attributable to owners of the parent was EUR 11,628,000 or EUR 0.1341 per basic share compared to EUR 2,646,000 or EUR 0.0305 per basic share a year ago. Profit after taxes attributable to owners of the parent was EUR 11,628,000 compared to EUR 2,646,000 a year ago. Total outflows from operating activities were EUR 3,809,000 compared to EUR 2,938,000 a year ago. Purchase of tangible and intangible fixed assets was EUR 5,841,000 compared to EUR 552,000 a year ago.
Athens Medical Centre Commercial SA is a Greece-based company engaged in the provision of primary and secondary healthcare services. The Company is involved in the organization, management and modernization of hospitals in Greece and abroad, the development of special activities with the aim of promoting medical research and methods of treatment, the training and selection of executives and staff on behalf of the hospitals and the importation of medical tools, instruments, machinery and automated devices for the hospitals. Its offering includes medical services in such specializations as pathology, cardiology, general surgery, plastic and vascular surgery, orthopedic, physiotherapy, ophthalmology, urology, neurosurgery, thoracic, pediatric, dermatology, endocrinology and stomatology. It operates seven clinics in Athens and suburbs, Trans-Balkan Medical Center in Thessaloniki, two medical centers in Romania, one in Cyprus and a number of diagnostic centers located throughout Greece.