Sienna Senior Living (TSE:SIA) has released an update.
Sienna Senior Living Inc. has reported a significant increase in its first quarter 2024 net operating income, marking its fifth consecutive quarter of growth in both the long-term care and retirement segments. The strong results are partly attributed to substantial one-time and retroactive government funding received to mitigate the costs associated with the pandemic and inflation. The company also saw a rise in retirement property occupancy, further evidencing its financial recovery and expansion.
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