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Infrastructure

Radius revenue up but so were costs

Jenny Ruth
Wed, 22 Sep 2021

Chair Brien Cree said costs are now under control. (Image: Supplied)
Jenny Ruth
Wed, 22 Sep 2021
Radius Residential Care said revenue and occupancy for the five months ended August were stronger than for the same months last year but this was offset by covid-related cost increases.These costs related to border and supply chain issues as well as increase labour and consumables costs, executive chair Brien Cree told the annual shareholders' meeting."The supply chain costs issues are now resolved so are not expected to impact the remainder of full-year 2022," Cree said.This excludes the purchase of land and buildings of four age...

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