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Radius Care plans to double care bed portfolio

The listed aged care provider has hiked its full-year dividend after reporting a 36% lift to its bottom line.

Clare House in Invercargill.

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Key points
  • Net profit: Up 36% to $10.1m 
  • Revenue: Rose to $202.3m from $177.4m
  • Key takeaway: Radius Care wants to double the size of its care bed portfolio to 4000. 

Radius Residential Care has signalled its desire to scale up the business and double the number of care beds in its portfolio to 4000.

The NZX-listed aged care provider this morning reported a net profit of $10 million for the 12 months ended March, up from $7.4m in the prior year, as revenue for

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Nicholas Pointon Wed, 13 May 2026
Contact the Writer: nicholas@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Key points
  • Net profit: Up 36% to $10.1m 
  • Revenue: Rose to $202.3m from $177.4m
  • Key takeaway: Radius Care wants to double the size of its care bed portfolio to 4000. 
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Radius Care plans to double care bed portfolio
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