Slowing property market takes a bite of Summerset profit
The aged care provider posted strong underlying profits.
Low-value movements dragged Summerset's 2018 profit down despite the aged care provider posting a higher underlying profit.
Summerset posted a $214.5 million profit for the year to December 31 2018, down 11% from $239.9m in 2017. Underlying profit was up 21% at $98.6m.
Property value movement
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