NZME announces 12% boost in operating earnings

NZME announces 12% boost in operating earnings
(Image: NZME)
Staff reporters
NZME has reported operating earnings of $23.9 million and an after-tax loss of $400,000 for the first half of its financial year, with its board declaring an interim dividend of 3c a share.The media company, which owns BusinessDesk, the New Zealand Herald, Newstalk ZB, property site OneRoof and a host of other radio stations and North Island newspapers, posted operating revenue of $165.7m for the six months to June 30, down 3% from the same period in 2024. Revenue was partly impacted by the closure of community newspapers in December.The compan...

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