Ryman's 1Q ahead of last year; 28th village in Petone

Ryman's 1Q ahead of last year; 28th village in Petone
July 31 (BusinessDesk) - Retirement village builder and operator Ryman Healthcare says first quarter trading is ahead of last year and it plans to build its 28th retirement village in Petone in the Hutt Valley. “We have reviewed the first quarter's trading and I'm pleased to advise that we are trading well and ahead of last year,” chairman Dr David Kerr told the annual shareholders' meeting. The company reported a record underlying net profit of $84 million for the year ended March 31, up 17 percent, and unrealised valuation gains boosted th...