Radius Care's run continues as earnings jump 14%

Chief executive Andrew Peskett highlighted Radius Care has had three consecutive first-half record results. (Image: Supplied)

Gregor Thompson

Mon, 25 Nov 2024

Radius Residential Care continued its strong run after reporting improved performance across all of its benchmark financial metrics in interim earnings. In results for the six months to Sep 30, released to the New Zealand Exchange (NZX) on Monday, Radius Care net profit rose 39% to $2 million compared with the prior comparable period. Total revenue grew 1% to $85m including the sale of an Auckland facility during the second half of the previous financial year. Excluding the effects of that sale, revenue grew 7%. Underlying earnin...

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