NZ Refining, Metlifecare, Ebos lead rally in companies posting earnings growth

Tue, 23 Feb 2016

By Sophie Boot Feb. 24 (BusinessDesk) - New Zealand Refining, Metlifecare and Ebos Group led a rally in stocks of companies posting profit growth in the busiest day for results for earnings season. NZ Refining climbed 3.9 percent to a three-week high of $3.74 after New Zealand's only oil refinery posted annual profit of $151 million as revenue almost doubled to $445 million, helped by historically high refining margins, a weaker kiwi dollar and improved plant reliability. Retirement village operator Metlifecare rose 3.5 percent to $4.44 a...

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