Monday 17th August 2020 |
Text too small? |
• Underlying profit for 1H20 of NZ$45.1 million, down 6% on 1H19
• Reported (IFRS) profit after tax of NZ$1.0 million
• Total assets of NZ$3.4 billion, up 13% on 1H19
• 139 new retirement units delivered
• 264 total sales of occupation rights
• Interim dividend of NZ6.0 cents per share
Retirement village operator Summerset Group Holdings Limited has announced an underlying profit of NZ$45.1 million for the first half of 2020.
Summerset CEO Julian Cook said the result was at the top end of market guidance provided in early July which forecast underlying profit between NZ$40 million and NZ$45 million. See the links for detail.
Source: Summerset Group Holdings Limited
No comments yet
EBOS announces appointment of new Chief Financial Officer
AM Best affirms Tower Limited's A- (Excellent) FSR
MCK enters into conditional agreement for Whangarei land
April 26th Morning Report
SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills