Scoop has an Ethical Paywall
License needed for work use Register
Top Scoops

Book Reviews | Gordon Campbell | Scoop News | Wellington Scoop | Community Scoop | Search

 

Ryman Healthcare Gains Consent For Orewa Village

Ryman Healthcare Gains Consent For Orewa Village

Dec. 2 - Ryman Healthcare ssaid it gained resource consent for its NZ$140 million Evelyn Page retirement village in Orewa.

The company plans to open the village next year, with sufficient space for 500 residents and 120 staff, the company said.

The Orewa site marks the 21st retirement village for Ryman. The company’s shares fell 2.7% to NZ$1.42 and are down 29% this year.

Last month the company posted a 10% gain in first-half profit as it opened new villages amid rising demand.

Profit rose to NZ$26 million in the six months ended Sept. 30, from NZ$23.6 million a year earlier. Chairman David Kerr said the company’s cash flows were “very strong” and it had sufficient to ensure rising dividends and funding for expansion.

(Businesswire)

ENDS

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Top Scoops Headlines

 
Binoy Kampmark: Rot In The Australian Civil Service

There is no better example of Australia’s politicised public service than its Home Affairs Secretary, Mike Pezzullo. In most other countries, he would have been the ideal conspirator in a coup, a tittletattler in the ranks, and bound to brief against those he did not like. Give him a dagger, and he was bound to use it. More

Ramzy Baroud: The Palestinian Cause Belongs To The World

Once upon a time, the ‘Arab-Israeli Conflict’ was between Arabs & Israelis. Over the course of many years, however, it has been rebranded. The media is now telling us it is a ‘Hamas-Israeli Conflict.’ But what went wrong? Israel simply became too powerful. More

 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.