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
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
