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2 Mar 2024 19:03
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  •   Home > News > Business

    Ryman Healthcare is banking on an improvement in underlying profit ahead of the new year

    Ryman Healthcare is banking on an improvement in underlying profit ahead of the new year


    The retirement village company has posted a four-percent decrease in net profit for the six months to September.

    CEO Richard Umbers says they're now pausing work on five sites across Auckland, Wellington and Melbourne.

    Herald property editor Anne Gibson says underlying profit has been downgraded to the 300 to 330-million-dollar range.

    She says they're saying the wider range reflects ongoing market uncertainty, and dependence on sales for the new year.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

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    The Blues Women will be hoping their high squad retention will be key to success this Super Rugby Aupiki season More...


    BUSINESS BUSINESS
    The price of IVF in Australia, has gone up by almost 20 per cent in two years. More...



     Today's News

    Cricket:
    Rachin Ravindra and Daryl Mitchell have taken New Zealand to 111 for three in pursuit of 369 to win the opening cricket test against Australia at Wellington 18:57

    Health & Safety:
    A batch of halloumi cheese is being recalled because of the possible presence of a bacteria which causes nausea, vomiting adn diarrhoea 18:57

    Rugby:
    The Blues Women will be hoping their high squad retention will be key to success this Super Rugby Aupiki season 18:37

    International:
    F1 records Max Verstappen can chase in 2024 with Red Bull 18:17

    General:
    Aussie Steve McKenna has won the men's race at Ironman New Zealand in Taupo 18:07

    Rugby:
    ???1;Crusaders coach Rob Penney's downplaying any revenge narrative heading into tonight's Super Round tussle with the Waratahs at Melbourne 17:27

    Rugby:
    A former All Blacks coach thinks World Rugby need to take a leaf out of the NRL's book 17:27

    Accident and Emergency:
    There are reports of injuries at a two-vehicle crash in Napier 16:57

    Law and Order:
    Police are investigating a serious assault on a taxi driver in Palmerston North, and a member of the public who came to his aid, and are seeking the public's help 16:17

    Technology:
    Elon Musk sues ChatGPT maker OpenAI, CEO Sam Altman for allegedly 'perverting' mission for profit 16:07


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