NZ's Radius Residential Care jumps on record annual earnings

Radius Residential Care

21/05/2025 24:27

** Shares of Radius Residential Care RAD.NZ rise as much as 3.7% to NZ$0.280, their biggest intraday pct. gain since May 1

** The aged care services provider posts record high pre-NZ IFRS16 underlying EBITDA of NZ$23.5 million ($13.93 million) for the year

** Also posts profit before tax of NZ$10.5 million ($6.22 million) for the period, a NZ$6.9 million increase from a year ago

** YTD, shares up 31%

($1 = 1.6872 New Zealand dollars)

 (Reporting by Nichiket Sunil in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com;))