Balhousie go back into the black

Turnover for Scottish care home operator Balhousie rose by 6.7% from £31m to £33.1m for the year ended 30 September 2016. Cost of sales of £20.8m and administrative expenses of £7.4m were at the same level as in 2015, leaving the business with an operating profit of £5m compared to £3.1m the previous year. After…