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Cochlear Limited (ASX:COH) has recorded a fall in EBIT 54% for the first half of Fiscal 2014, falling from $108.3 million in H1 2013 to $49.4 million for H1 this year.
Net profit fell similar a percentage between the periods, from $77.7 million to $36.8 million.
The company said in an announcement that regulatory approval was still outstanding on a number of new products, slowing their release while also depressing sales of existing products.
Despite the regulatory difficulties, new lines of product were released in Q2 and sales improved 30% over Q1.
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Last
$301.91 |
Change
-1.870(0.62%) |
Mkt cap ! $19.74B | |||
| Open | High | Low | Value | Volume |
| $303.14 | $304.94 | $300.54 | $42.41M | 140.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 77 | $301.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $302.43 | 77 | 1 |
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| Last trade - 16.10pm 22/08/2025 (20 minute delay) ? |
| COH (ASX) Chart |