Financial services, healthcare and retirement living company Australian Unity Limited (Australian Unity) has reported a profit after tax of $6.1 million for the half-year ended 31 December 2013, compared to a profit of $11.3 million for the same period last financial year.
Revenue and other income for the half-year was $587 million, an increase of $1.3 million compared to the corresponding period last year.
Group Managing Director Rohan Mead said Australian Unity’s half-year result was solid considering the impact of higher claim costs in the healthcare business and comparatively lower investment earnings that reflected the prevailing interest rate climate.