SkyCity in "turnaround" mode

SkyCity in "turnaround" mode
The post-covid recovery is gathering steam (Image: NZME)
Staff reporters
Listed Australasian casino giant SkyCity Entertainment Group is in a turnaround phase, its result well up on last year and its chief executive Michael Ahearne now earning more.Last year’s loss turned into a profit although the business acknowledged a “softer recovery” because electronic gaming revenue was still down on what it was pre-pandemic.Ahearne told the Herald today the business was “pleased and pretty proud of how the team has done in the past year, the rebound from a revenue and earnings point of...

More Markets

Aus: Tax cuts, rates chatter to play into consumer sentiment
Markets

Aus: Tax cuts, rates chatter to play into consumer sentiment

Consumer and business confidence surveys are due out this week. 

AAP 7:00am
Medicinal cannabis law changes expected to grow industry
Primary Sector

Medicinal cannabis law changes expected to grow industry

Law changes will make it easier and cheaper for medicinal cannabis to be exported.

NZ sharemarket up 0.4% to end the week
Markets Market close

NZ sharemarket up 0.4% to end the week

The S&P/NZX 50 Index closed at 11,794.81, up 48.15 points or 0.41%.

Graham Skellern 05 Jul 2024