A record after-tax net profit of $9.7 million has been reported by specialist medical company Abano, amidst improved demand across all healthcare sectors.

The company says that for the year ending May 31, the profit was up 24% on last year.

Earnings before interest, tax, depreciation and amortization (editda) of $31.5 million has been reported Abno, which is higher 35% from last year; with a 21-cents-per-share dividend for the 2009 financial year.

The company put forth that its year-on-year revenue has increased by 50% to $187.2 million because of various new acquisitions, which were beginning to make more money.

Abano chairwoman Alison Paterson said: "While New Zealand remains our biggest geographical base, the Australian and Asian markets now offer considerable potential and will be a significant opportunity for Abano going forward."

The work with partners in audiology networks in Australia and Asia, dental in New Zealand and dental expansion into Australia, was continued by the company.

Furthermore, the investment in radiology in New Zealand has also been doubled by Abano.

A net debt of $82.2 million was held by the company.