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RAD: Net profit surged 39% and occupancy hit 93.4%, with Cibus Catering acquisition boosting growth

RAD: Net profit surged 39% and occupancy hit 93.4%, with Cibus Catering acquisition boosting growth

Radius Residential Care LtdNovember 25, 20245
RAD: Net profit surged 39% and occupancy hit 93.4%, with Cibus Catering acquisition boosting growth

About this update from Radius Residential Care Ltd

Net profit after tax rose 39% year-over-year to $2.0m, with underlying EBITDA up 14% and revenue up 7%. Occupancy reached 93.4%, and the acquisition of Cibus Catering is expected to drive further growth.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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