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Pandemic slumps Ryman first-half sales but profit holds up

The aged-care provider to hire an Australian chief executive to oversee extensive pipeline.

Andrew Bevin Fri, 20 Nov 2020

NZX-listed aged care provider Ryman’s first-half profit was up on the back of revaluation gains despite Covid disruptions.  

The company’s net profit for the six months to September 30 was up 12.8% to $212.4 million, but Covid-19 pushed underlying profit down 14.2% to $88.4m.

Underlying

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Andrew Bevin Fri, 20 Nov 2020
Contact the Writer: andrew@nbr.co.nz
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Pandemic slumps Ryman first-half sales but profit holds up
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