Metlife's after-tax profit down on slowing property market
Construction costs start to bite.
Calida Stuart-Menteath Mon, 25 Feb 2019
Metlifecare’s first-half net profit after tax was down 57%, with little fair value growth from its property portfolio.
The retirement village operator’s net profit for the six months to December 31 was $24.5 million, down from $56.3m the corresponding period a year earlier.
Underlying
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