Business
Services
Serko chalks up another year of 28% sales growth, profit dips on acquisition adjustment
By Paul McBeth May 22 (BusinessDesk) - Serko lifted annual revenue 28 percent for a second straight year as it beds itself into new North American markets, although profit declined on fair value adjustments to earn-outs on its InterplX acquisition. The online travel bookin...
Services
UPDATE: AFT narrows net loss, turns cash flow positive
(Updates with further details in 2nd and 16th paragraphs, share price in last paragraph) By Jenny Ruth May 22 (BusinessDesk) - AFT Pharmaceuticals posted a narrower annual loss as interest and other finance costs swamped operating earnings and says it’s negotiating the refi...
Retail
NZ first-quarter retail sales grow 0.7%, slightly better than expected
By Rebecca Howard May 22 (BusinessDesk) - New Zealand's retail sales were slightly higher than expected in the first quarter amid increased spending at department stores and on hardware and building supplies. Retail sales volumes rose a seasonally adjusted 0.7 percent in th...
Services
SkyCity poised to enter online gaming space
By Rebecca Howard May 22 (BusinessDesk) - SkyCity Entertainment Group is poised to tap into the lucrative online gaming space with plans to launch a platform mid-year that will be operated from Malta. The casino operator said its Maltese subsidiary company, SkyCity Malta,...
Prev
