SunLink Health Systems, Inc. Announces Fiscal 2025 Third Quarter Results
Financial Performance: SunLink Health Systems reported a loss from continuing operations of $630,000 for the third fiscal quarter ended March 31, 2025, an improvement compared to a loss of $824,000 in the same quarter the previous year. The net loss for the quarter was $671,000, down from $1,396,000 a year earlier, while consolidated net revenues slightly decreased to $7,323,000.
Merger Announcement: On April 15, 2025, SunLink Health Systems announced a merger agreement with Regional Health Properties, Inc., which will involve the issuance of shares to SunLink shareholders and is subject to shareholder and regulatory approvals. The company continues to face challenges related to the post-COVID-19 pandemic effects on its operations.
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