Brief: Radius Residential Care Posts HY Underlying EBITDA Of NZ$10.5 Mln

Radius Residential Care

26/11/2023 19:38

Nov 27 (Reuters) - Radius Residential Care Ltd  RAD.NZ :
    * HY UNDERLYING EBITDA OF NZ$10.5M, 50% UP
    * HY REVENUE INCREASED 21% ON PRIOR PERIOD TO NZ$84.5M
EXCLUDING
OTHER INCOME
    * EXPECTS IMPROVED OPERATING RESULTS AND MOMENTUM IN HY24 TO
CONTINUE FOR REMAINDER OF YEAR
    * EXPECTS TO RESUME DIVIDEND PAYMENTS FOLLOWING COMPLETION
OF DEBT
MANAGEMENT PROGRAMME
    * HY NET PROFIT AFTER TAX NZ$1.4M, DOWN 18%

Further company coverage:  RAD.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))