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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Slowing property market hits Arvida in the pocket

The aged care and retirement village provider's first-half net profit fell 25%.

Calida Smylie
Tue, 21 Nov 2017

Arvida Group’s first-half profit fell 25% on lower property valuation gains but its chief executive doesn’t expect the brakes are on the company’s growth just yet.

The aged care and retirement village provider’s net profit fell to $14.5 million in the six months to September 30 from $19.4

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Calida Smylie
Tue, 21 Nov 2017
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Slowing property market hits Arvida in the pocket
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