Datacom annual profit rises 61% as new services lift sales, fatten margins
By Paul McBeth Aug. 2 (BusinessDesk) - Datacom Group lifted annual profit 61 percent as the next generation of services helped the country's biggest IT services provider boost sales and fatten margins, paving the way for a bigger dividend. Profit rose to $43.7 million, or...
NZ property value gains slow in July as Auckland values stall
By Paul McBeth Aug. 2 (BusinessDesk) - New Zealand property values rose at their slowest annual pace in more than two years as a slump in Auckland sales has seen the country's biggest housing market flatline after several years of rapid price gains. The QV house price inde...
MARKET CLOSE: NZ shares follow Asia higher led by blue chip stocks Spark, F&P Healthcare
By Paul McBeth Aug. 1 (BusinessDesk) - New Zealand shares rose, following Asia higher, as blue chip stocks including Spark New Zealand and Fisher & Paykel Healthcare helped drag the benchmark index up, offsetting a bigger number of smaller firms declining. The S&P/NZX 50 i...
Harmoney more than halves annual loss as revenue climbs 63%
By Paul McBeth Aug. 1 (BusinessDesk) - Harmoney Corp, the country's biggest peer-to-peer lending platform, more than halved its annual loss as revenue climbed 63 percent in its second full year of operation, and has since crossed $500 million lent through the portal. The A...
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