Care home openings lead to profit growth at Hallmark

Openings helped Hallmark Care Homes post increased revenue and profits in the year to 31 March 2018. The provider, which operated 17 homes with 1,268 beds at the end of period, reported turnover of £64.2m (2017: £56.3m), while cost of sales grew to £35.9m, up from £32.2m, the year previous. After administrative expenses were accounted…

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