UPDATE: Mainfreight shares rise on 28% lift in FY net profit, sees momentum

Mon, 27 May 2019

(Recasts lede to include share price reaction, updates share price in 3rd paragraph, adds broker comment from 7th paragraph) By Rebecca Howard May 28 (BusinessDesk) - Mainfreight's shares rose 4.2 percent after the company reported a 28 percent lift in full year net profit as it global network continues to strengthen across its three core services of domestic transportation, warehousing and international freight forwarding. The Auckland-based company said net profit was $137.6 million in the year to March 31 versus $107.7 million in t...

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