{"id":121595,"date":"2021-08-23T02:38:46","date_gmt":"2021-08-22T19:38:46","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-makes-304-4m-net-profit-in-turnaround-after-loss-plans-new-150m-village\/"},"modified":"2021-08-23T05:03:40","modified_gmt":"2021-08-22T22:03:40","slug":"metlifecare-makes-304-4m-net-profit-in-turnaround-after-loss-plans-new-150m-village","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-makes-304-4m-net-profit-in-turnaround-after-loss-plans-new-150m-village\/","title":{"rendered":"Metlifecare makes $304.4m net profit in turnaround after loss, plans new $150m village"},"content":{"rendered":"


\nDelisted 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…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Metlifecare makes 4.4m net profit in turnaround after loss, plans new 0m village<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Delisted retirement giant Metlifecare has made a big profit turnaround due to revaluations and bought...<\/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-121595","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-vDd","jetpack-related-posts":[{"id":64808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-metlifecare-paid-no-tax-on-record-profit-sowry-explains\/","url_meta":{"origin":121595,"position":0},"title":"Why Metlifecare paid no tax on record profit: Sowry explains","date":"August 29, 2017","format":false,"excerpt":"\r Metlifecare has shrugged off the housing slowdown to post a record profit result, although the listed retirement village company paid no tax.Net profit for the year ended June 30 was $251.5 million, up from $228.7m the previous...\r \r Source : nzherald.co.nz\/Property\r Read more...Why Metlifecare paid no tax on record\u2026","rel":"","context":"In "Property News"","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":121595,"position":1},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96717,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-profit-halves-as-property-value-growth-slows\/","url_meta":{"origin":121595,"position":2},"title":"Metlifecare profit halves as property value growth slows","date":"August 27, 2018","format":false,"excerpt":"\r Retirement giant Metlifecare halved bottom-line profit from $251.5 million net profit after tax last year to $125.1m this year, although revenue rose from $109.1m to $115.3 m and other financial measures pointed to a good performance.Announcing...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare profit halves as property value growth slows","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64742,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-makes-record-251-5m-profit-up-10pc\/","url_meta":{"origin":121595,"position":3},"title":"Metlifecare makes record $251.5m profit, up 10pc","date":"August 28, 2017","format":false,"excerpt":"\r New Zealand's second largest listed retirement business, Metlifecare, pushed up its annual net profit after tax by 10 per cent to a record $251.5 million due to a big expansion of its operations.The company, second only to Ryman...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare makes record 1.5m profit, up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45636,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-profit-jumps-31pc-after-huge-property-value-rise\/","url_meta":{"origin":121595,"position":4},"title":"Metlifecare profit jumps 31pc after huge property value rise","date":"February 27, 2017","format":false,"excerpt":"\r Retirement business Metlifecare pushed up net after tax profit 31 per cent, from $125.7 million to $165m after a big jump in the value of its property portfolio.Reporting its first-half 2017 result, New Zealand's second largest...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare profit jumps 31pc after huge property value\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-results-more-sales-at-higher-prices-pushes-profit-up-28\/","url_meta":{"origin":121595,"position":5},"title":"Metlifecare results: More sales at higher prices pushes profit up 28%","date":"February 26, 2020","format":false,"excerpt":"\r Metlifecare increased interim profit 28 per cent to make $24.6 million after improved resales volumes, higher selling prices and re-establishing its $940m development programme.Metlifecare has released its result for the half-year...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare results: More sales at higher prices pushes profit up 28%","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121595"}],"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=121595"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121595\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}