The business summary, share performance, financial summary and outlook, management overview, key ratio analysis and a key financial summary.
Metlifecare Limited owns and manages retirement villages that provide accommodation and care for the aged in New Zealand. The company offers various care services, facilities, and social communities. It provides care services through independent villas and apartments, as well as through serviced apartments, rest homes, and hospitals. Metlifecare is New Zealand’s second-largest listed retirement village operator and developer after Ryman. Metlifecare has villages spread over Northland, Auckland, Hamilton, Bay of Plenty and Lower North Island. The company was listed on the NZ Stock Exchange in July 1994 after a public issue of 15 million shares at 85c. On 23 July 2012, Metlifecare completed the merger with Vision Senior living (VSL) and Private Life Care Holdings Limited (PLC) adding eight villages. Metlifecare completed its secondary listing on the Australian Stock Exchange (ASX) in October 2013. Metlifecare Limited was founded in 1984 and is based in Auckland, New Zealand.
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