Bid costs hit profits at Doctors Lab

The Doctors Laboratory, the provider of clinical pathology services, in its report and financial statements for the year ended 30 June 2102, showed turnover was up to £50.9m (2011: £41.3m). Cost of sales was £35.6m (2011: £25.5m). Administrative expenses were £7.4m (2011: £6.4m), which along with other operating income of £584,000 (2011: £411,000) and interest…