Sunlink Health Systems, Inc. Reports Earnings Results for the Fourth Quarter Ended June 30, 2021
September 28, 2021 at 03:25 pm
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SunLink Health Systems, Inc. announced earnings results for the fourth quarter ended June 30, 2021. For the fourth quarter, the company announced sales was USD 10.335 million compared to USD 10.689 million a year ago. Operating income was USD 2.988 million compared to operating loss of USD 352,000 a year ago. Net income was USD 4.687 million compared to net loss of USD 679,000 a year ago. Basic earnings per share was USD 0.68 compared to basic loss per share of USD 0.1 a year ago. Diluted earnings per share was USD 0.66 compared to diluted loss per share of USD 0.1 a year ago. Basic earnings per share from continuing operations was USD 0.66 compared to basic loss per share from continuing operations of USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.64 compared to diluted loss per share from continuing operations of USD 0.09 a year ago.
For the full year, sales was USD 40.685 million compared to USD 47.813 million a year ago. Operating income was USD 1.871 million compared to operating loss of USD 329,000 a year ago. Net income was USD 6.890 million compared to net loss of USD 1.140 million a year ago. Basic earnings per share was USD 1 compared to basic loss per share of USD 0.16 a year ago. Diluted earnings per share was USD 0.99 compared to diluted loss per share of USD 0.16 a year ago. Basic earnings per share from continuing operations was USD 1 compared to basic loss per share from continuing operations of USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.99 compared to diluted loss per share from continuing operations of USD 0.08 a year ago.
SunLink Health Systems, Inc., through subsidiaries, owns businesses which provide healthcare products and services in certain markets in the southeastern United States. The Company operates through two segments: Healthcare Services and Pharmacy. The Healthcare Services segment subsidiaries owns and operates Trace Regional Medical Center (Trace), a 49-bed community hospital, clinics and a 66-bed nursing home in Mississippi, and an information technology (IT) service company based in Georgia. The Pharmacy segment subsidiary owns and operates a pharmacy business in Louisiana with four operational areas. The operational areas include retail pharmacy products and services provided to residents of southwestern Louisiana; institutional pharmacy services consisting of the provision of specialty and non-specialty pharmaceutical and biological products; non-institutional pharmacy services; and durable medical equipment (DME) consisting primarily of the sale and rental of products.
SUNLINK HEALTH SYSTEMS, INC. 
