Trade Me posts flat 1H profit; warns FY18 profit will grow at a slower pace than FY17
By Tina Morrison Feb. 28 (BusinessDesk) - Trade Me, New Zealand's largest online auction site, said earnings didn't budge in the first half as its expenses grew faster than revenue and it expects full-year profit to grow at a slower pace than last year. Net profit rose was...
NZ imports, exports reach new highs in January
By Tina Morrison Feb. 27 (BusinessDesk) - New Zealand increased its trade activity at the start of 2018, with imports and exports both reaching new highs for a January month. Goods exports jumped 9.5 percent to $4.31 billion compared with January last year, while imports s...
PGG Wrightson 1H earnings beat expectations; full-year outlook upgraded
By Tina Morrison Feb. 27 (BusinessDesk) - PGG Wrightson said first-half earnings beat expectations and upgraded its outlook for the full year as its agricultural businesses traded better than anticipated. Operating earnings before interest, tax, depreciation and amortisatio...
UPDATE: Metlifecare shares fall 4.8% as posts drop as first-half profit falls 66%
(Recasts lede to include share price, adds broker comments) By Tina Morrison and Rebecca Howard Feb. 26 (BusinessDesk) - Metlifecare shares fell 4.8 percent after New Zealand's second-largest listed retirement village operator posted a 66 percent drop in first-half profit...
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