Pyne Gould back in black as Queenstown property development comes on stream

Wed, 01 Mar 2017

By Paul McBeth March 1 (BusinessDesk) - Pyne Gould Corp, the financial services firm controlled by managing director George Kerr, returned to profit in the first-half as its Queenstown property development came to market in the tail-end of 2016. The NZX-listed, Guernsey, UK-based company posted a profit of 2.9 million British pounds, or 1.09 pence per share, in the six months ended Dec. 31, turning around a loss of 1.5 million pounds, or 0.51 pence, a year earlier, it said in a statement released to the stock exchange after trading close...

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