Vital Healthcare sees limited covid-19 impact
News in Brief

Vital Healthcare sees limited covid-19 impact

Vital Healthcare Property Trust's manager said it expects a limited impact on earnings from the covid-19 crisis and noted 82 percent of its revenue comes from private hospitals.The portfolio has a 17.9-year weighted average lease term and less than 1 percent of leases by income e...

Staff reporters 09 Apr 2020
NZ economy may see record contraction in 2Q - Treasury
News in Brief

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...

Staff reporters 09 Apr 2020
Blis Technologies lifts guidance
News in Brief

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...

Staff reporters 09 Apr 2020
TruScreen says covid-19 hit short-term
News in Brief

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...

Staff reporters 09 Apr 2020