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NZ's F&P Healthcare expects H1 profit rise

Thu Aug 21, 2008 11:02pm EDT
 
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WELLINGTON, Aug 22 (Reuters) - New Zealand medical equipment manufacturer Fisher & Paykel Healthcare Ltd (FPH.NZ: Quote, Profile, Research, Stock Buzz) said on Friday it expected to see a 38 percent rise in first half operating profit.

The company said it expected an operating profit of about NZ$43 million ($30.9 million) for the six months to September 30, on revenue of approximately NZ$210 million.

Shares in F&P Healthcare, a top-10 company, last traded down 0.7 percent at NZ$2.90. ($1=NZ$1.39)

 

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