Listed Companies

SkyCity profit down 76% on fire, pandemic impacts

Brent Melville
Thu, 18 Feb 2021

SkyCity is still paying for 2019's blowtorch incident at the NZICC.
Brent Melville
Thu, 18 Feb 2021
Covid lockdowns and 2019's fire at the New Zealand International Convention Centre conspired to slice 76.1% from SkyCity Entertainment's net profit after tax for the six months to December 2020, to $78.4 million from $328m for the comparable 2019 period.Revenue was $449.9m, below forecasts by Forsyth Barr analyst Chelsea Leadbetter who had been looking for a $490.9m including gaming GST.Chief executive Michael Ahearne said while the gaming performance had remained positive, at about 95% of the comparable period, tourism interests in hot...

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Peter Beck on shotguns, Starlink, and the state of NZ’s entrepreneurs
Henry Burrell | Wed, 03 Mar 2021

The Rocket Lab chief executive also discussed publicly listing, company rivals, and working with Nasa.

Gas regulator scopes LNG imports for government
Gavin Evans | Wed, 03 Mar 2021

Gas Industry Co seeks advice on LNG imports, additional gas storage to ensure security of supply.

Primary Sector
Fonterra assessing jump in dairy prices while economists lift forecasts
Rebecca Howard | Wed, 03 Mar 2021

Bank economists were quick to lift their forecasts to well above Fonterra’s mid-point.

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.

How consumers can give local businesses a boost

Why this holiday is different for New Zealand SMEs.