Southern Cross figures

Southern Cross Healthcare Limited has released figures for the year ended 25 March 2000. Turnover more than doubled in the year to £49.7m (1999 restated: £24.0m). However, lease rental costs of £12.8m and increased administration costs of £6.5m contributed to a loss before tax of £2.3m (1999: profit £1.3m).Chairman John Moreton told CCMN that the…