Cochlear’s Full Year Result 18 Aug 20: Cochlear (COH) swings to full year loss as Covid-19 hits implant sales

Cochlear’s (COH) full year revenue dropped 6% to $1.35 billion as underlying net profit after tax (NPAT) slumped 42% to $153.8 million. COH reported a net loss for the year of $238.3million as Covid-19 saw elective surgeries cancelled.

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