Senior Trust Retirement Village Income Generator Reports $12.7M Annual Profit
The annual audited financial report for the Senior Trust Retirement Village Income Generator (STIG) for the 12 months to 31 March 2025 has just been released.
Key highlights include:
Profit for the year = $12.7 million
Gross distributions to shareholders = $12.57 million
Shareholder capital = $198 million
Zero debt = Senior Trust repaid all bank debt during the financial year
Distribution rate paid = 7% (pre-tax) per annum
After distribution payments, retained earnings in excess of $1 million
The audited financial report can be viewed at www.seniortrust.co.nz/annual-report.
Having made operational changes to the business, STIG recently lodged a new Product Disclosure Statement (PDS). The updated PDS reflects these amendments, which needs to be considered when reviewing Senior Trust's track record and provides comprehensive, up-to-date information for investors.
Senior Trust executive director John Jackson said, 'We are committed to continuing to leverage the capabilities of our experienced team to deliver shareholder value to our investors while contributing to the provision of much-needed, quality senior living options across New Zealand.'
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