Palms Row drops leaves

Palms Row Health Care struggled throughout 2011, posting a pre-tax loss of £463,000, despite receiving £9m for the sale of subsidiary business, the Kingsland Nursing home – which reported 76% occupancy.The residential care home provider’s results for the year ending 31 May 2011 showed that operating profit fell to £481,000 from £1.4m in 2010. Directors…