Ryman Healthcare Ltd lifted its audited reported profit after tax for the March year by 8.8% to $388.2 million ($356.7 million the previous year) and the underlying profit 14.2% to $203.5 million ($178.3 million).
Ryman Healthcare Ltd said yesterday it planned to convert a landmark Wellington site into a new retirement village.
Ryman Healthcare Ltd announced plans on Friday for a new retirement village on a 4.5ha Lincoln Rd site in Henderson.
Ryman Healthcare Ltd said on Friday strong gains from the resale of occupancy rights drove its rising profits, as the company invested $525 million to meet demand.
Ryman Healthcare Ltd announced its intention yesterday to build its 6th Australian retirement village in Geelong.
Ryman Healthcare Ltd said on Friday its new Devonport village was set to proceed following mediation talks with objectors.