{"id":110200,"date":"2019-08-26T02:42:36","date_gmt":"2019-08-25T19:42:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-net-profit-falls-68-as-property-revaluations-rise-at-slower-rate\/"},"modified":"2019-08-26T04:08:24","modified_gmt":"2019-08-25T21:08:24","slug":"metlifecare-net-profit-falls-68-as-property-revaluations-rise-at-slower-rate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-net-profit-falls-68-as-property-revaluations-rise-at-slower-rate\/","title":{"rendered":"Metlifecare net profit falls 68% as property revaluations rise at slower rate"},"content":{"rendered":"<p>&#013;<br \/>\nThe slowing property market hit listed retirement specialist Metlifecare&#8217;s result with net profit after tax falling 68 per cent from $122.6 million last year to $39.2m.Revenue rose from $114m to $141m but property revaluations hit&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12261839&amp;ref=rss\" target=\"_blank\">Metlifecare net profit falls 68% as property revaluations rise at slower rate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The slowing property market hit listed retirement specialist Metlifecare&#8217;s result with net profit after tax&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110200","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sFq","jetpack-related-posts":[{"id":172458,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-revenue-up-profit-drops-34-from-lower-revaluations-rising-employee-property-expenses\/","url_meta":{"origin":110200,"position":0},"title":"Metlifecare revenue up, profit drops 34% from lower revaluations, rising employee, property expenses","date":"August 28, 2026","format":false,"excerpt":"\r Company has 38 properties where 7600 people live and 2500 staff work, building more.\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare revenue up, profit drops 34% from lower revaluations, rising employee, property expenses","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-makes-304-4m-net-profit-in-turnaround-after-loss-plans-new-150m-village\/","url_meta":{"origin":110200,"position":1},"title":"Metlifecare makes $304.4m net profit in turnaround after loss, plans new $150m village","date":"August 23, 2021","format":false,"excerpt":"\r Delisted retirement giant Metlifecare has made a big profit turnaround due to revaluations and bought a 20ha site at Clevedon where the $4 billion business plans a $150 million village.Earl Gasparich, who replaced Glen Sowry as...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare makes 4.4m net profit in turnaround after\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118369,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenue-up-but-pandemic-drives-metlifecare-property-values-down-to-report-33-7m-net-loss\/","url_meta":{"origin":110200,"position":2},"title":"Revenue up but pandemic drives Metlifecare property values down to report $33.7m net loss","date":"August 26, 2020","format":false,"excerpt":"\r Property revaluations reflecting valuer caution due to Covid-19's economic impact drove Metlifecare to report a bottom-line loss of $33.7 million for the June year, compared to a $51.2m profit in 2019.The listed retirement business...\r \r Source : nzherald.co.nz\/Property\r Read more...Revenue up but pandemic drives Metlifecare property values down to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136743,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ryman-healthcare-profit-down-63-rising-costs-slower-rising-revaluations\/","url_meta":{"origin":110200,"position":3},"title":"Ryman Healthcare profit down 63%: rising costs, slower-rising revaluations","date":"May 19, 2023","format":false,"excerpt":"\r Giant of the sector reports in the face of falling house prices, Government scrutiny.\r \r Source : nzherald.co.nz\/Property\r Read more...Ryman Healthcare profit down 63%: rising costs, slower-rising revaluations","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asset-plus-profit-falls-81-per-cent-expenses-up-rent-down-revaluations-negative-tax-bill-up\/","url_meta":{"origin":110200,"position":4},"title":"Asset Plus profit falls 81 per cent: expenses up, rent down, revaluations negative, tax bill up","date":"May 20, 2022","format":false,"excerpt":"\r Falling revaluations and rent, rising expenses, an empty office building and a rising tax bill pushed the Asset Plus full-year profit down by 81 per cent.Net profit after tax fell from $15.95 million in the full year to March 31,...\r \r Source : nzherald.co.nz\/Property\r Read more...Asset Plus profit falls\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116703,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenue-up-but-goodman-property-trust-net-profit-falls-18-per-cent-after-lower-revaluations\/","url_meta":{"origin":110200,"position":5},"title":"Revenue up but Goodman Property Trust net profit falls 18 per cent after lower revaluations","date":"May 28, 2020","format":false,"excerpt":"\r Listed industrial specialist Goodman Property Trust pushed up revenue 10.7 per cent to make $171 million but less spectacular revaluation gains pushed net profit after tax down 18 per cent from $319.5m to $261m.The business has...\r \r Source : nzherald.co.nz\/Property\r Read more...Revenue up but Goodman Property Trust net profit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110200"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110200"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110200\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}