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Arvida doubles half-year profit

The aged care company saw a 74% lift in resale gains of $9.1m compared to the first half last year.

Calida Stuart-Menteath
Tue, 27 Nov 2018

Retirement village and aged care operator Arvida Group has doubled half-year net profit, with resales up 50% on the year before.

The company’s net profit after tax was $30.5 million in the six months to September 30, up 111% on the same period last year.

Underlying profit, which included

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Calida Stuart-Menteath
Tue, 27 Nov 2018
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Arvida doubles half-year profit
General Business,
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