Freightways to pay half year dividend of 15.5c

Staff reporters
Mon, 22 Feb 2021

Freightways will deliver a dividend of 15.5 cents a share after posting a net profit after tax of $22 million for the six months to December 2020.The trans-Tasman express package company shelved its final dividend last year amid uncertainty about the economic impact of the covid pandemic. While NPAT was down by a quarter from $29.2m for the comparable period to December 2019, that did include a non-recurring expense of $19.2m due to a change in the fair value estimate for the final instalment for the purchase of food supply chain company B...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Property FREE
Auckland mayor supports bed tax despite pricey defense of tourism tax
Brent Melville | Fri, 26 Feb 2021

Legal stoush between hoteliers and Auckland Council heats up as Phil Goff leans towards bed tax. 

Policy
Auckland covid cluster sees trans-Tasman flights cancelled
Paul McBeth | Fri, 26 Feb 2021

Flights may be cancelled as Australian states remain wary of covid, airlines are eyeing more trans-Tasman travel.

Listed Companies
THL takes control of motorhome partner for $9m
Paul McBeth | Fri, 26 Feb 2021

The motorhome rental operator may be awash with red ink, but its balance sheet is in good order and the US market looks promising. 

Sponsored
ASX in NZ: Capitalising on our ‘liberty of distance’

The tyranny of distance had prepared New Zealand corporate leaders well for the pandemic. We were already adept at running global businesses from afar, and as the world locked down, our remoteness became somewhat moot and the rest of the world began operating almost as remotely as we had always done.

Sponsored
How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.

Loading...