GeoOp lifts revenue in first half but reports wider earnings loss after failed attempt to migrate to ASX
By Rebecca Howard March 1 (BusinessDesk) - GeoOp, the workforce management app developer, lifted total revenue 5 percent in the first half but reported a wider loss before interest, tax, depreciation and amortisation after an unsuccessful attempt to migrate to the Australian S...
Kiwi Property Group gives greenlight to $223M expansion of Sylvia Park
By Rebecca Howard Feb. 28 (BusinessDesk) - Kiwi Property Group has given a green light to a $223 million expansion of Auckland's Sylvia Park shopping centre that it says will see the site's value jump to $1.1 billion. The planned expansion, which will kick off in March and...
Vector posts 26% drop in 1H net profit but reiterates full-year guidance
By Rebecca Howard Feb. 28 (BusinessDesk) - Vector, the Auckland-based electricity and gas distributor, posted a 26 percent drop in first-half profit but reiterated its full-year guidance despite slower-than-expected growth in its technology business. Profit fell to $79 mil...
NZ dollar falls vs Aussie on wider January trade deficit
By Rebecca Howard Feb. 27 (BusinessDesk) - The New Zealand dollar fell against its trans-Tasman counterpart after traders were surprised by local trade data unexpectedly showing the biggest January trade deficit since 2007. The kiwi dropped to 92.78 Australian cents as at...
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