Business
Why the Hills (ASX:HIL) share price is falling today
The Hills Ltd (ASX: HIL) share price has slipped today as the company announced impairment plans and a trading update for FY21. At the time of writing, the Hills share price is down 2.8% to 17 cents.
Operating across Australia and New Zealand, Hills provides health solutions including nurse call solutions, patient engagement systems and wi-fi networks in hospital and aged care facilities. The company also operates a distribution division, working in integrated security, information technology and technical services.
What did Hills announce?
In today’s release, Hills advised that it will make financial amendments as it seeks to re-organise its accounting books. The assessment follows the group’s completion of the external…
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