Wilson Parking NZ annual profit jumps 22% on growth in parking, security

Mon, 27 Nov 2017

By Jonathan Underhill Nov. 27 (BusinessDesk) - Wilson Parking New Zealand, the local unit of a business ultimately controlled by Hong Kong's Kwok family, posted a 22 percent gain in full-year profit as sales at its parking and security units rose. Profit was $12.3 million in the year ended June 30, from $10.1 million a year earlier, according to the Auckland-based company's annual report. Sales rose to $167.7 million from $150 million, with about two-thirds of revenue coming from parking. The New Zealand business is made up of Wilson...

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