Plexure is confident it will eventually receive payment from Belarus and Ukraine

Plexure is confident it will eventually receive payment from Belarus and Ukraine
Plexure CEO Dan Houden told shareholders 2023 profit guidance may be "understated". (Photo: BusinessDesk)
Dan Brunskill
Plexure’s chief financial officer told shareholders at the company's annual meeting he was confident that payments for $7.2 million in outstanding invoices would be made. In its 2022 financial results, the company reported a net loss of $24m, which included a $300,000 deduction for “doubtful debts in relation to two markets impacted by the war in Ukraine”.The financial accounts showed a significant increase in accounts receivable which more than doubled to $7.3m, up from $3m in 2021. A New Zealand Shareholders As...

More Markets

The pros and cons of Sky’s big deal
Markets

Eden Bradfield: The pros and cons of Sky’s big deal

You'd best hope streaming and advertising revenue make up for the $1 purchase.

Eden Bradfield 26 Jul 2025
Infratil and Ebos help drive NZ stocks higher
Markets Market Close

Infratil and Ebos help drive NZ stocks higher

Infrastructure investor helped the sharemarket end the week on a positive note.

Tom Raynel 25 Jul 2025
Bathurst fails to strike-out Talley's claims
Markets

Bathurst fails to strike-out Talley's claims

Talley's is alleging Companies Act breaches by its coal JV partner.

Pattrick Smellie 25 Jul 2025
New CFO for KMD Brands
Markets

New CFO for KMD Brands

Carla Webb-Sear has been appointed group chief financial officer for KMD Brands.She will join the group executive team on Aug 4 and report to Brent Scrimshaw, group chief executive and managing director.She joins KMD Brands from Qantas, where she was chief financial and strategy...

Staff reporters 25 Jul 2025