NZ's Summerset Group rises on higher underlying profit

Summerset group

24/02/2023 02:09

** Shares of Summerset Group Holdings Ltd  SUM.NZ  rise as
much as 3% to NZ$9.69, their highest since Feb 17
    ** Healthcare services firm posts underlying profit for FY22
of NZ$171.4 mln ($106.87 mln), up 21.5% on FY21
    ** Declares final dividend of NZ11.6 cents per share
    ** Stock posts its biggest intraday pct gain since Feb 16
    ** Stock up 6.3% this year, as of last close
($1 = 1.6038 New Zealand dollars)
 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))