FHP International Corp.: The Fountain Valley diversified...

FHP International Corp.: The Fountain Valley diversified health services company reported a profit of $59.3 million, or $1.71 a share, for its fiscal year ended June 30. That was 34% higher than earnings of $44.2 million, or $1.33 a share, posted for the previous 12 months. Revenue rose 25% to $2.5 billion from $2 billion. For the fourth quarter, the company’s profit increased 23% to $21 million, or 57 cents a share, from $17.1 million, or 51 cents a share. Three-month revenue was up 22% to $683 million from $561.4 million.