Aust Pharmaceuticals profit dips

Group warns of depressed retail sales, ongoing government reforms to the PBS.

Australian Pharmaceutical Industries (API) has warned it faces challenges including depressed retail sales and ongoing government reforms to the Pharmaceutical Benefits Scheme, but reaffirmed its strategy to grow its portfolio of pharmacy stores.

Net profit attributable to members was $24.3 million in the year to August 31, a 19.8% decrease compared with $30.3 million in the previous corresponding period.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles