Abano Healthcare has reported a full year loss, after selling its orthotics and pathology operations during the last year.
The dental, audiology and radiology company lost $1.4 million in the year to the end of May, compared with a profit of $4.9 million the year before.
Excluding gains and impairments from the sale of its businesses, Abano's underlying profit rose 46 percent to $8.8 million.
Its revenue rose 10 percent to $300.4 million.
Abano's incoming chief executive Richard Keys said he was pleased with the improvement in its underlying result.
"We took a decision through the year to divest those two businesses, which resulted in a loss on the sale or divestment of the pathology business in particular," he said.
