Radius Residential Care LtdNZX: RAD

RAD: Net profit rebounded to $7.4m on higher revenue and strategic expansion

· Issued by Radius Residential Care Ltd

Revenue grew to $177.4m and net profit reached $7.4m, reversing last year's loss, with strong cash flow and a key acquisition of Cibus Catering. All banking covenants were met, and a new care home acquisition is underway.

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