Hamish Grossart, the chairman, said that occupancy rates in the last four months of the year were higher than expected. The results were also helped by a more rapid inflow of new residents to two new homes, and a favourable outcome on net interest payable.
The strong performance had continued in November and December.
As forecast, a dividend of 0.75p a share is being paid. QCH shares rose 8p to 218p compared with the 136p price at which 3.6 million shares were placed last July.
At the year-end QCH had 540 beds in operation, a figure expected to rise to 750 by the end of October as new accommodation comes into service.Reuse content