Acurity Health Group's profit fell in the six months to September following a drop in operating earnings as a result of patchy demand for its services.
The private hospital operator's profit declined 25% to $2.38 million, compared with $3.18 million last year.
Excluding one off items such as tax adjustments, underlying profit fell 23.6% to $2.8 million. Gross earnings for the period were down 16.9% to $7.3 million.
Acurity chief financial officer Bevan Miller said he expects full year net earnings to be down by up to a quarter on last year's result.
