NZX first-half profit rises 8.3% on jump in listings revenue

Sun, 10 Aug 2014

By Suze Metherell Aug. 11 (BusinessDesk) - NZX posted an 8.3 percent increase in first-half profit as a flurry of listings drove revenue growth for the stock market operator. Profit rose to $6.97 million, or 2.7 cents a share, in the six months ended June 30, from $6.4 million, or 2.5 cents a year earlier, the Wellington-based company said in a statement. Sales rose to $31.2 million from $30 million. Profit was just below Forsyth Barr's estimate of $7.1 million. NZX is experiencing a flurry of listings, with Intueri Education Group, th...

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