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Ryman Healthcare Full-Year Profit Rises 19% to NZ$78.4 Million

Ryman Healthcare Ltd., New Zealand’s largest publicly traded retirement village manager, said full-year profit rose 19 percent as sales and property values increased.

Net income climbed to NZ$78.4 million in the year ended March 31, from NZ$66 million a year earlier, the Christchurch-based company said in a statement to the New Zealand stock exchange. Excluding changes in property valuations, profit increased 16 percent to NZ$61.4 million.

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