Listed Companies
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Markets
NZ Post mail service floundering, parcels strong
New Zealand Post said its half-year profit more than quadrupled but its mail service is still floundering and puts it in “a difficult position.”The state-owned enterprise reported a net profit of $31 million in the six months to Dec. 31 versus $7 million in the prior year. The li...
Infrastructure
Genesis trims guidance on low inflows, South Island prices
Genesis Energy has trimmed its full-year guidance, citing low North Island inflows since January and on-going weak South Island wholesale prices.The company today reported a 16 percent decline in first-half operating earnings – as signalled due to low hydro production and increas...
Coronavirus
F&P Healthcare lifts earnings guidance as covid-19 boosts demand
Fisher & Paykel Healthcare lifted its full-year earnings guidance as it benefits from increased demand on the back of the covid-19 virus outbreak.“We’ve seen better-than-expected sales in our homecare product group combined with continued strong growth in our hospital product gro...
Infrastructure
Ebos shrugs off Amazon pharmacy risk
Any mention of Amazon elbowing its way into a market usually sets alarm bells ringing for incumbents in that market.But pharmaceuticals wholesaler and distributor Ebos' chief executive is sanguine about the news that the American company had registered the "Amazon Pharmacy" brand...
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