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AUSTRALIA'S MIA GROUP PREDICTS NET PROFIT WILL MEET TARGETS.

AsiaPulse News

| May 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, May 1 Asia Pulse - MIA Group Ltd expects its net profit before amortisation for the year to June 2002 to be in line with budget forecast, according to its Australian owner operator.

The company, which provides diagnostic imaging services and related practices, said that the result was expected to come in at $A41 million ($US21.79 million) to 44 million for the year, around 60 $per cent above the previous year. Amortisation was expected to be about $20 million.

The company added that its earnings before interest tax and amortisation (EBITA) margin was expected to be at the lower end of its stated 20-22 per cent range but was still among the highest in the healthcare industry.

"The Australian and UK ...

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