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AAP
AAP
Business
Sophia McCaughan

Ramsay Health market pulse weakens despite strong FY24

Ramsay Health Care reported a net profit of $888.7 million in 2023/24. (HANDOUT/RAMSAY HEALTH CARE)

Shares in Australia's largest private hospital operator have plunged despite it nearly tripling full-year profit on the previous year. 

Ramsay Health Care Limited on Friday reported it made a $888.7 million net profit in 2023/24, up from $298.1 million in the last financial year, with total revenue up by 9 per cent year on year to $16.8 billion. 

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