Third Age Health profit up 7%, wages jump 50%

Mon, 31 May 2021

Third Age Health Services has reported net profit was up 7% in the year ended March as the company earned $5.5 million of revenue in its first earnings result as a listed company.The primary care provider returned a net profit of just over $1m, with listing costs taking a $166,000 bite out of the final result.During the year, the company’s wage bill jumped 50% from $750,00 to $1.1 million. A third of that went to its chief executive, Michael Haskell, who was paid at least $365,000 for the year.That number is likely to rise substantially a...

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