Cochlear is reporting that its sales are at record levels - revenue of $391.7 million during the first half of the fiscal year for the Australian company. Net profit after taxes nearly reached $78 million. That's compared to a $20 million loss during the same period during the previous year. Cochlear had a product recall that cost it more than $100 million which you can read about here. Still, the stock fell 7.8% on the profit announcement, since investors had estimated there wold be a report of more than $80 million. Also, the Australian company lost some of its share of the market in Europe, the Middle East and Africa over the past year.
The deaf community in one Australian town is celebrating National Week of Deaf.
Ballarat’s deaf community shares its stories in the video below, posted on DeafNewsToday.com or read the details here.
In June, we reported the attack of a deaf man in Australia by two men who jumped him from behind at a train station. Seow Oh was left with possible permanent sight damage from a fractured eye socket. Joshua William Bignell is pleading guilty to his part in that attack. The Kewdale 18-year-old appeared in court today, pleading guilty to "grievous bodily harm." Bignell goes back to court in October. You can read more about the crime here.
John Hunter Children’s Hospital in New South Wales, Australia is getting $500,000 from the government to perform 14 implants. Private insurance and charity funding covered the cost of most of the 53 cochlear implant surgeries at the hospital that have taken place since 2007.
A deaf man in Sydney, Australia is in the hospital after he was assaulted after picking up a pizza. The 20 year old is now in the hospital with internal lacerations to his liver. Police say the assailant kicked him in the stomach and stole the pizza.
We told you yesterday about the search for attackers in Perth, Australia of a deaf man. They jumped Seow Oh from behind at a train station and left him with possible permanent sight damage. Police now have an 18-year-old in custody for the daylight attack. Security cameras revealed his identity. The alleged attacker has a Wednesday court date. Police are still looking for second attacker.
Police are hunting for two men who attacked a deaf man at a train station in Perth, Western Australia. It happened in middle of the afternoon as he got off a train and left Seow Oh with possible permanent damage to his sight. Two young me pushed Oh to the ground and repeatedly kicked and punched him until two passersby intervened. A video of the police news conference is posted below below on DeafNewsToday.com.
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