USX:SMGRF - Summerset Group Holdings Ltd Summerset Group Holdings Limit
Sector: Health Care, Industry: Health Care Facilities
Next Earnings: 24 Feb 2025
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USD 9.45    +0.0 (+0%)

3 Oct 2024


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General

Established: 1997

Country: NZL

City: Wellington

Employees: 2468

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Description

Summerset Group Holdings Ltd operates retirement villages in New Zealand. The company receives a majority of its revenue from the New Zealand Ministry of Health, which subsidizes fees for eligible aged-care residents. Its revenue is primarily derived from care fees and village services income. Summerset provides a range of care for its residents, including in-home care and 24-hour medical care centers. In addition to its independent-living villas and apartments, Summerset offers supported-living residences, which include assistance with daily activities like shopping and housekeeping.

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