McClay put the kaibosh on Landcorp plan to change name to match new Pamu brand
By Tina Morrison March 31 (BusinessDesk) - Government-owned farmer Landcorp was rebuffed by State-Owned Enterprises Minister Todd McClay from changing its name to align its business with its new 'Pamu' brand, amid claims it was "a waste of time and money", according to documen...
Hallenstein 1H profit rises 35%, early winter sales 'encouraging'
By Tina Morrison March 30 (BusinessDesk) - Hallenstein Glasson Holdings posted a 35 percent increase in first-half profit, meeting its forecast, and said early winter sales were "encouraging". Profit rose to $9.2 million, or 15.4 cents per share, in the six months ended Feb...
Synlait posts 3.8% gain in 1H profit, expects 'modest' full-year earnings growth
By Tina Morrison March 29 (BusinessDesk) - Synlait Milk, the NZX-listed dairy company, posted a 3.8 percent lift in first-half profit as higher sales offset increased investment in people and business development. Profit increased to $10.6 million, or 6.34 cents per share,...
GeoOp sounds out investor interest for ASX listing
By Tina Morrison March 27 (BusinessDesk) - GeoOp, the unprofitable management app developer, wants to delist from the New Zealand stock exchange's alternative market for fledgling companies and migrate to the Australian stock exchange to improve the liquidity of its shares and...