January 24, 2020 / 5:38 AM / 24 days ago

BRIEF-HBM Healthcare Investments Q3 Net Profit At CHF 163.2 Million

Jan 24 (Reuters) - HBM HEALTHCARE INVESTMENTS AG:

* IN Q3 OF 2019/2020 FINANCIAL YEAR, CO ACHIEVED A NET PROFIT OF CHF 163.2 MILLION

* IN Q3 OF 2019/2020 FINANCIAL YEAR, HBM HEALTHCARE INVESTMENTS ACHIEVED A NET PROFIT OF CHF 163.2 MILLION

* FOR FIRST NINE MONTHS OF 2019/2020 FINANCIAL YEAR, NET PROFIT ROSE TO CHF 265.7 MILLION

* 9M INCREASE IN NET ASSET VALUE PER SHARE (NAV) OF 20.2 PERCENT

* ACQUISITIONS ARE LIKELY TO CONTINUE TO PLAY AN IMPORTANT ROLE IN HEALTHCARE SECTOR AND IN SOME CASES BRING US ADDED VALUE Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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