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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Valuations impact Ryman result despite higher underlying profit

Valuation assumptions resulted in smaller value gain.

Andrew Bevin Fri, 24 May 2019

NZX listed aged care provider Ryman Healthcare's $325 million profit for the year to March 31 was down on last year because of changes to property valuation assumptions and higher operating expenses.

The company’s underlying profit was $227m, up $23.5m from $203.5m in 2018.

Ryman said the

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Andrew Bevin Fri, 24 May 2019
Contact the Writer: andrew@nbr.co.nz
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Valuations impact Ryman result despite higher underlying profit
General Business,
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