Michael Hill annual profit rises 67%, boosted by Australia, NZ, Canada
By Tina Morrison Aug. 21 (BusinessDesk) - Michael Hill International, the jewellery retailer founded by its namesake, boosted annual profit by two thirds as its Michael Hill chain grew steadily in its main markets of Australia and New Zealand and recorded stronger growth in Ca...
NZ wool market improves at weekly auction
By Tina Morrison Aug. 18 (BusinessDesk) - New Zealand wool prices and sale clearance rates lifted at the latest weekly auction. Some 83 percent of the 8,251 wool bales offered at yesterday's South Island auction were sold, and prices lifted for all styles of wool on offer w...
Steel & Tube annual profit drops 22% in 'highly competitive' construction sector
By Tina Morrison Aug. 18 (BusinessDesk) - Steel & Tube posted a 22 percent drop in annual profit after the year-earlier earnings were boosted by a property sale. It reduced its dividend payment and said business performance hadn't met its expectations. Net profit dropped to...
Skellerup lifts annual profit 8% on water focus, improved dairy market
By Tina Morrison Aug. 17 (BusinessDesk) - Skellerup Holdings lifted annual profit 8 percent as the rubber goods manufacturer reaped the benefits from refocusing its industrial unit away from the volatile oil and iron ore industries and into the potable water market, and its ag...
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