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

Third Age Health profit up 7%, wages jump 50%
Dan Brunskill
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...

More Markets

NZ sharemarket celebrates a near 1% Easter rise
Markets Market close

NZ sharemarket celebrates a near 1% Easter rise

The S&P/NZX 50 Index closed at 12,105.29, up 94.62 points or 0.79%.

Graham Skellern 28 Mar 2024
F&P Healthcare facing $12m bill for product recall
Markets

F&P Healthcare facing $12m bill for product recall

The company will provision the cost in its next full year results.

Staff reporters 28 Mar 2024
Synlait seeking help from major shareholder for $130m debt
Markets

Synlait seeking help from major shareholder for $130m debt

Synlait enters trading halt as it needs more time to come up with cash.