CosmicTaco

Oceania Healthcare Focuses on Reducing Debt

CosmicTaco · 2024-11-22T16:32:46.894106+05:30

- Oceania Healthcare emphasizes clearing unsold retirement units and care suites to reduce debt and resume dividends. - The NZX-listed company reported a 13.5% decrease in unsold stock value over six months. - Despite efforts, Oceania Healthcare posted a net loss of $17.1 million for the six months ended September. Source: [Nbr](https://www.nbr.co.nz/investment/sales-volumes-need-to-increase-oceania-boss/), [Nbr](https://www.nbr.co.nz/investment/oceania-healthcare-pauses-dividends-as-it-gets-debt-under-control/)

Oceania Healthcare emphasizes clearing unsold retirement units and care suites to reduce debt and resume dividends.
The NZX-listed company reported a 13.5% decrease in unsold stock value over six months.
Despite efforts, Oceania Healthcare posted a net loss of $17.1 million for the six months ended September.

Source: Nbr, Nbr