WELLINGTON, March 11 New Zealand retirement
village operator Metlifecare Ltd on Tuesday said it
expected full-year underlying profit to come in between NZ$34
million-NZ$38 million ($28.78 million-$32.16 million).
The guidance from Metlifecare, which operates 23 villages
around the country, followed a rise in first-half profit to
NZ$15.3 million. The company has said it expects to see further
growth from developments underway.
($1 = 1.1815 New Zealand dollars)
(Reporting by Gyles Beckford; Editing by Miral Fahmy)