AWF Madison maintains interim dividend as profit drops 40%

Paul McBeth
Sun, 28 Oct 2018

By Paul McBeth Oct. 29 (BusinessDesk) - AWF Madison maintained its interim dividend, despite posting a 40 percent slide in first-half earnings due to the failure of three building sector customers.  The country's biggest recruitment firm will pay dividends totalling $2.7 million, or 8 cents per share, on Dec. 3 to investors on the register at Nov. 19. The dividend is unchanged from a year earlier.  The company reported a net profit of $2.1 million, or 6.3 cents per share, in the six months ended Sept. 30. That was down from $3.4 millio...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Quiz FREE
QuiznessDesk, Tuesday, July 05, 2022
The Quizmaster | Tue, 05 Jul 2022

Don't forget to give our daily quiz a go. Good luck

Law & Regulation
Juice magnate Lepionka sues lawyers for 'negligent' advice
Greg Hurrell | Tue, 05 Jul 2022

Businessman Stefan Lepionka's negligence case against Gibson Sheat will be split in two, with the law firm's countersuit to be heard first, the high court has ruled.

Property
George Kerr's Pyne Gould receivership continues
Victoria Young | Tue, 05 Jul 2022

Court action continues in the UK, while receivers have already clawed back $8m for the BNZ by selling South Island land.

Sponsored
How can Kiwi small business owners manage rising inflation?

Xero MD Craig Hudson says small businesses have been hit with a triple whammy.

Sponsored
Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges