Malling Health turns a profit

Malling Health Ltd, the GP practices operator in several regions of England, reported increased turnover of £14.2m (2011: £12.2m) for the year ended 31 March 2012. Cost of sales was £12.4m (2011: £10.9m) and administrative expenses £1.4m (2011: £1.3m). Profit before tax was £319,000 significantly up on the £72,454 profit for 2011. The directors explain…