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Oceania Healthcare reduces debt; keeps pause on dividends

The company reduced net debt for the first time since March 2021.

The Helier, Oceania Healthcare.

NZX-listed retirement village operator Oceania Healthcare will keep a pause on interim dividends as it continues to reduce debt.

The company has just reported a net loss of $17.1 million for the six months ended September, compared with a $35.2m profit in the same period a year ago.

The slide into

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Nicholas Pointon Fri, 22 Nov 2024
Contact the Writer: nicholas@nbr.co.nz
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Oceania Healthcare reduces debt; keeps pause on dividends
Investment,
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