Metlifecare’s has made an after-tax loss of $33.7 million in the year to June 30, down 166% on last year’s profit of $51.2m, on dampened property revaluations due to Covid-19.
The Auckland-based listed retirement village operator saw a $74.8m reduction in the fair value of its investment
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).