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SunLink Health Systems Q3 Loss Widens

SunLink Health Systems Inc. (SSY) Monday reported third-quarter net loss of $1.54 million or $0.16 per share, compared to $314 thousand or $0.04 per share in the comparable quarter last year.

Loss from continuing operations for the quarter was $1.22 million or $0.13 per share, compared to $568 thousand or $0.07 per share last year.

The results for the quarter include a pre-tax impairment charge of $931 thousand to write down goodwill resulting from the October 2003 acquisition of two hospitals.

Consolidated net revenues from continuing operations for the quarter were $39.48 million compared to $42.38 million last year.

by RTTNews Staff Writer

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