Risings costs eat into Ryman’s interim profit; cuts capex spend
The retirement village provider says it will miss its goal to be cashflow positive by FY25.
Ryman's Patrick Hogan village in Cambridge.
Increased finance costs and operating expenses have taken a large bite out of Ryman Healthcare’s half year profit.
The country’s largest retirement village operator has reported a net profit of $94.4 million for the six months ended September, which is down 50% on last year’s result.
The
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