Fisher & Paykel Health in good shape
Today, Fisher & Paykel Healthcare Corp Limited (ASX: FPH) announced a record net profit after tax of NZ$143.4 million for the year ended 31 March 2016, a 27% increase from the prior year. The company said the profit exceeded expectations of NZ$135-NZ$140 million. FPH shares closed up 2.2% for the week. We do not own FPH in the investment portfolio.
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Wilson Asset Management has a track record of making a difference for shareholders and the community for 27 years and is the investment manager for nine LICs and two unlisted funds. Wilson Asset Management invests over $6 billion on behalf of more than 130,000 retail investors. Wilson Asset Management created and is the lead supporter of the Future Generation companies, the first LICs to deliver both investment and social returns.
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