The latest announcement is out from Regis Healthcare Ltd. ( (AU:REG) ).
Regis Healthcare Limited reported robust financial results for the first half of FY25, marked by an 18% increase in revenue to $564.2 million and a significant rise in underlying EBIT by 523% on a prior comparative period. The company also announced strategic expansions with the acquisition of two premium homes in Victoria and a planned expansion of its home care business, supported by increased government funding and favorable legislative changes, positioning Regis for continued growth and investment in new developments.
More about Regis Healthcare Ltd.
Regis Healthcare Limited is a prominent provider in the aged care industry, focusing on delivering high-quality care services. The company is dedicated to enhancing the well-being of its residents and expanding its market presence through strategic acquisitions and developments, primarily in Australia.
YTD Price Performance: 7.00%
Average Trading Volume: 518,271
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$1.93B
For detailed information about REG stock, go to TipRanks’ Stock Analysis page.