Oceania Healthcare’s net debt up as sales slow
The company has put emphasis on cash flow reporting but it’s not transparent enough for one analyst.
The common room of Oceania's flagship The Helier development in Auckland.
Listed boutique retirement care and village operator Oceania Healthcare has delivered a 5% rise in underlying earnings before interest, tax, depreciation and amortisation (ebitda) to $80 million in the year ending March 31, 2023 despite challenging conditions.
It has faced slowing sales in a falling
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