Hellaby first-half profit jumps 36%, sees full-year earnings growth

Thu, 19 Feb 2015

By Jonathan Underhill Feb. 19 (BusinessDesk) - Hellaby Holdings posted a 36 percent gain in first-half profit, driven by improved performance in four of the diversified investor's five businesses, and said it on track to lift full-year earnings. Profit rose to $13.5 million in the six months ended Dec. 31, from $9.9 million a year earlier, the Auckland-based company said in a statement. Sales rose to $386.9 million from $351.6 million. Hellaby managing director John Williamson said the firm's spread of businesses - from oil & gas indus...

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