Revenue ($m) 332.3 up 5.1pc from year-earlier 316.2
Pretax profit ($m) -7.1 v 20.2
Net profit ($m) -5.3 v 14.3
No interim dividend v 5.4c
Aged care provider Estia Health expects the government to use the May federal budget to respond to the final recommendations of the royal commission into the sector.
Estia is the first of the big listed aged care providers to report earnings – which were hit by COVID-19 and lower occupancy at its homes – ahead of the royal commission’s hand over of its final report to the Governor-General on Friday.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com
