MiHomecare focused on growth

MiHomecare Ltd reported a 4% drop in turnover to £48.4m in the year ended 31 March 2017, from £50.7m in 2016. Cost of sales at the community and domiciliary care provider also fell to £38.8m, from £40.1m, leaving a gross profit of £9.6m (2016: £10.4m). Administrative expenses rose in the reporting period to £22m, up…