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23 Feb 2024 13:20
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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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    Moana Pasifika have been forced to move their third-round Super Rugby Pacific match away from North Harbour Stadium, to Waikato Stadium... due to turf issues at the Auckland venue More...


    BUSINESS BUSINESS
    Tough trading conditions for retailers as sales figures fall again More...



     Today's News

    Business:
    Tough trading conditions for retailers as sales figures fall again 13:17

    Rugby:
    Moana Pasifika have been forced to move their third-round Super Rugby Pacific match away from North Harbour Stadium, to Waikato Stadium... due to turf issues at the Auckland venue 13:07

    Rugby:
    A new-look Crusaders lineup, but will the Chiefs adjust their approach? 13:07

    Rugby:
    It would mean a lot to Dylan Schmidt to compete at his third Olympics this July 12:47

    Accident and Emergency:
    Two people are injured, one seriously, after a two-vehicle crash on State Highway Two in Waihi in the Hauraki district 11:57

    Cricket:
    A silver lining for Henry Nicholls following his demotion from the Black Caps test side 11:47

    Business:
    Measures are being put in place to prepare Auckland's public transport network for March Madness 11:07

    Business:
    A Crown Solicitor has been cleared of bullying allegations, despite her communication and management style being found to be challenging, critical and unpredictable 11:07

    General:
    The awards collection continues to grow for Dame Lisa Carrington 10:47

    International:
    Wendy Williams diagnosed with same form of dementia as Bruce Willis 10:17


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