Ryman Healthcare, New Zealand's largest retirement village operator, posted a 15 per cent gain in first-half profit after speeding up its building programme.
The company affirmed its guidance for full-year earnings growth.
Net profit rose to $59.6 million, or 11.9c a share, from $52.3 million, or 10.4c a year earlier.
Sales rose 18 per cent to $74 million. Ryman lifted its build rate by 22 per cent to 550 units annually last year.
