FHP Posts Higher Quarterly Profit

FHP International Corp., a Fountain Valley health-care company, reported a profit of $20.7 million, or 36 cents a share, for its latest quarter, which included the results of an acquisition completed in June. That compared to a profit of $11.2 million, or 33 cents a share, for the same period a year earlier. Revenue for the company’s first fiscal quarter, which ended Sept. 30, rose 66% to $954.3 million from $576.4 million.