Vital Healthcare, which invests in medical and healthcare properties, lifted distributable profit by 44 percent after completing three add-on building projects at existing Australian sites, boosting rental income. Distributable profit, the earnings measure it uses for distributions to unitholders, rose to $13.9 million in the six months ended Dec. 31, from $9.6 million a year earlier. Net property income rose …

Retirement village operator and aged care provider Metlifecare says it’s on track to meet its primary guidance of $60 million full-year operating cashflow after reporting cashflow of $29.2 million excluding interest and acquisition costs in the six months to Dec. 31. The results are heavily influenced by five months’ revenue from the merger last July of Vision Senior Living and …

Telecom Corp, the country’s biggest phone company, eked out a 3.7 percent lift in first-half underlying earnings as revenue from its mobile business propped up otherwise disappointing sales. Stripping out one-off items from the Chorus demerger a year earlier, adjusted earnings before interest, tax, depreciation and amortisation rose to $506 million in in the six months ended Dec. 31 from …