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AFT annual profit fell, promises better this year

Staff reporters
Mon, 24 May 2021

AFT Pharmaceuticals annual net profit fell 39% but the operating result was within the company's guidance downgraded on April 1.Net profit fell to $7.8 million for the year ended March from $12.7m the previous year and the operating result of $10.7m was down 6%.The company's best estimate for operating profit in the current year is between $18m and $23m but it said the outlook is subject to some uncertainty.The company said it continued to lay the foundations for long-term growth, including the negotiation of licenses for more than 20 n...

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America's Cup
Not dead yet: Auckland's America's Cup dream
Pattrick Smellie | Fri, 24 Sep 2021

Reports of the death of Mark Dunphy's bid to keep The America's Cup in Auckland may prove premature, although events this week suggest CPR may be required.

Listed Companies market close
Pacific Edge up 6%; while index dips
Dan Brunskill | Fri, 24 Sep 2021

The NZX 50 index fell as its biggest stock, Fisher & Paykel Healthcare, fell 3.1% back towards its average price of $32 per share.

Media FREE
RNZ snags $3.5 million in NZ on Air funds
Daniel Dunkley | Fri, 24 Sep 2021

State broadcaster scoops largest slice of latest funding round for public news service.

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Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.