News blog
China Medstar
- BY: Andrew Hore |
- POSTED: 05/02/2008 |
Extended talks over a management contract with a large treatment centre means that China Medstar won’t be able to recognise the revenue in its 2007 figures.
There were also disappointing equipment sales. This means that the diagnostic imaging and radiotherapy equipment supplier’s 2007 figures will be below market expectations. China Medstar may not pay a dividend for 2007.
The shares fell 7p to 35.5p.
China Medstar manages 17 diagnostic and treatment centres, two high intensity focused ultrasound (’HIFU’) centres and one Leksell Knife Centre, which is involved in radiosurgery. There are plans for more treatment centres in the first half of 2008.
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