Petersburg Pilot -

Petersburg Medical Center investments grow by $206,408 in 12–month period

 


Petersburg Medical Center board of directors received good news about its investment accounts for the past 12-months.

PMC’s investment account grew from $2,755,902 to $2,962,311 in the 12-months ending March 31, 2017. The $206,408 in earnings showed a 7.5% growth for the account.

The PMC Foundation account showed improvement of 6.1%. The March 31, 2016 fund grew from $203,702 to $216,042 a year later — a $12,340 increase. Max Camp, Investment Advisor with Continental Investors Services from Longview, Washington presented the information to the board.

PMC’s CFO Doran Hammett continued...



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