VRT 0.99% $6.15 virtus health limited

Ann: Appendix 4E & Annual Report 30 June 2018, page-7

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  1. 7,936 Posts.
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    "It's funny that market didn't know to go up or down.
    Even though profits are up 10 percent with no revenue increase."


    Yes. but that is for the full-year.

    If you look at half-on-half changes (and you need to look at the Pre-Tax Profit line, and not the NPAT line, because the tax rate was quite light in JH2018), you'll get a quite different picture:

    Pre-Tax Profit rose 14% in the first-half, but was flat in the second-half.

    Why share prices do what they do on a day like this is anyone's guess.
 
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