TVNZ annual profit sinks 55%; resumes full dividend payment
By Paul McBeth Aug. 26 (BusinessDesk) - Television New Zealand reported a 55 percent fall in annual profit as it booked losses from foreign exchange markets and faced declining revenue. Still, it resumed full dividend payments as it nears the end of refurbishing its Auckland h...
Seeka hikes interim dividend as first-half profit almost doubles
By Paul McBeth Aug. 26 (BusinessDesk) - Seeka Kiwifruit Industries hiked its interim dividend to shareholders as the first harvest from its recent Australian acquisition and record crops contributed to a first-half profit that almost doubled. Net profit rose to $7.1 millio...
Delegat to pay bigger dividend after posting record annual operating profit
By Paul McBeth Aug. 26 (BusinessDesk) - Delegat Group will pay a bigger dividend to shareholders after reporting a record operating profit for the 2016 financial year, with North American sales driving revenue growth. The Auckland-based company's board declared a dividend...
CBL first-half profit falls 19% currency losses offset growth in premiums
By Paul McBeth Aug. 26 (BusinessDesk) - CBL Corp posted an 18 percent fall in first-half profit as losses on foreign exchange movements offset improved earnings and growth in the credit surety and financial risk insurer's gross written premiums. Net profit fell to $18.6 mi...
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