NZ economy may see record contraction in 2Q - Treasury
New Zealand’s economic contraction in the June quarter may be the biggest in its recorded history, Treasury said. The national lockdown will have an unprecedented impact on economic activity, it said. It did not provide a specific forecast but said "the associated workplace clos...
Blis Technologies lifts guidance
Oral probiotics company Blis Technologies expects to exceed previous guidance based on further “significant growth” in product sales during March.Latest guidance for the year to end March 2020 is for earnings before interest, tax, depreciation and amortisation of about $2.1 milli...
TruScreen says covid-19 hit short-term
Cervical cancer screening technology company TruScreen said its operational loss after tax will be around $2.5 million in the year to March 31, narrower than its loss of $3.4 million in the prior year.Covid-19 has led to a decline in product revenue of around $1.38 million versus...
Revolution Fibres raises $6 million
Auckland’s Revolution Fibres confirmed today it raised $6 million in a Series A funding round, led by technology investment firm Movac.The nanofibre company, founded in 2009, has developed technologies for the production of nanofibres for use in filtration, skincare, sound absorp...
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