Blis targets maiden profit, ending 16 years of losses, after more than doubling 2016 sales
By Paul McBeth May 23 (BusinessDesk) - Blis Technologies expects to report its first annual profit in 2017, the first for the biotech company since listing 15 years ago after sales more than doubled in 2016. The Dunedin-based company reported a net loss of $816,000, or 0.0...
Orion Health targets return to profit in 2018, lifts annual revenue 26%
By Paul McBeth May 23 (BusinessDesk) - Orion Health is targeting a return to profit in 2018 after reporting a 26 percent increase in annual revenue as a weaker New Zealand dollar bolstered returns and a smaller tax expense helped narrow the health software developer's loss. ...
Sanford to take $5 mln impairment charge in sale of last Tuna vessel
By Paul McBeth May 23 (BusinessDesk) - Sanford, the country's largest listed fishing group, will book a $5 million impairment charge on the sale of its last Pacific Tuna vessel when it reports half-year earnings on Thursday. The Auckland-based company settled the sale of t...
Wynyard chair Murray Horn resigns for health reasons
By Paul McBeth May 23 (BusinessDesk) - Wynyard Group chairman Murray Horn has resigned from the board as he scales back his workload citing health concerns. Horn, who was previously a Treasury secretary and head of ANZ Banking Group's local arm, stepped down as a director...
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