Pyne Gould avoids suspension with full-year results one day late

Mon, 29 Aug 2016

By Sophie Boot Aug. 30 (BusinessDesk) - Pyne Gould Corp, the investment group that plans to target 'distressed assets', has avoided being suspended from the NZX after filing its annual results a day late, revealing a drop in income and a narrower full-year loss. Income and fees from continuing operations fell 14 percent to 1.3 million British pounds in the 12 months to June 30, while its loss from continuing operations narrowed to 7,000 pounds from 6.3 million pounds a year earlier. One of the biggest items in its financial statements...

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