Oceania Healthcare reduces debt; keeps pause on dividends

The company reduced net debt for the first time since March 2021.

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NZX-listed retirement village operator Oceania Healthcare will keep a pause on interim dividends as it continues to reduce debt. The company has just reported a net loss of $17.1 million for the six months ended September, compared with a $35.

2m profit in the same period a year ago. The slide into.