This morning Paragon Care Ltd (ASX: PGC) reported its half-year result for the six month period to 31 December 2017.
Paragon reported that the company?s revenue was down 4.5% to $52.5 million compared to the prior corresponding period of the six months to 31 December 2016. Management said that revenue had been impacted by greater seasonality compared to the first half of FY17.
Operating expenses increased by 6%, or $1.1 million, to $15.6 million. Management attributed this increase to investing in future growth through new service & technology businesses as well as a restructuring of the sales team. The increase
This morning Paragon Care Ltd (ASX: PGC) reported its half-year result for the six month period to 31 December 2017.
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Read the full article at: https://www.fool.com.au/2018/02/08/heres-why-paragon-care-ltd-reported-its-npat-was-down-24/