HC-One reports £6.7m pre-tax loss

HC-One reports £6.7m pre-tax loss
Justin Hutchens, chief executive, HC-One

Care home operator HC-One has fallen into the red, its latest financial statement reveals. The provider saw turnover rise 1.1% to £309m in the year ended 30 September 2018 (2017: £305.6m), while cost of sales grew 3.6% to £300.2m during the period, up from £289.7m. Its gross profit dropped to £8.8m last year, from £16m…

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