Heavy losses for Care UK

Care UK Health and Social Care holdings reported a loss before taxation of £62.9m for the year ending 30 September 2012 – further to the £75.9m lost in 2011. Revenues remained a healthy £487.5m (2011: £445.7m). Cost of sales and administrative expenses were £412.6m and £64.4m respectively (2011: £375.9m: £76.9m) leaving an operating profit before…

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