Equilibrium’s profit falls

Equilibrium Healthcare, the specialist provider of mental health and learning disability services within Greater Manchester which operates the Bigfoot Independent Hospital and Moston Grange care home for adults, has released its results for the year ended 30 June 2012. Revenue was £6.6m (2011: £6.9m), cost of sales £4.0m (2011: £3.8m) and admin expenses £1.1m (2011: £1.1m). After net interest cost of £29,000 (2011: £59,000) profit before tax was £1.4m (2011: £2.0m).