Oceania Healthcare has announced strong financial results for the six months to 30 September 2022, with Underlying Earnings before interest, tax, depreciation and amortisation (u/EBITDA) up 6% on the prior period.
Total sales volumes were in line with the prior period, while development and resale margins increased.
The company has 127 care suites delivered at two New Zealand sites and 519 units and care suites currently under construction across the country.
An interim dividend of 1.9 cents per share has been declared, with a record date of 30 November 2022.
See more
