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An update from Oceania Healthcare ( (AU:OCA) ) is now available.
Oceania Healthcare’s CEO addressed the company’s progress in improving sales and operational efficiency, resulting in a 17% increase in new sales volumes and a 5% rise in resales. The company has also successfully managed its capital and refinanced its banking facilities, ensuring financial stability. Efforts to optimize the operating model have saved $5 million, with further savings anticipated. The company continues to modernize its portfolio, completing several key projects in FY25, positioning itself for future growth without compromising resident experience.
More about Oceania Healthcare
Oceania Healthcare operates in the healthcare industry, focusing on providing care and accommodation services through its retirement villages and care suites across New Zealand.
Average Trading Volume: 3,926
Technical Sentiment Signal: Sell
Current Market Cap: A$442.8M
For detailed information about OCA stock, go to TipRanks’ Stock Analysis page.