Kingfish Limited has provided its September 2022 monthly update.
Update includes: - commentary from Kingfish Portfolio Manager - performance to 31 August 2022
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Property
Summerset hastens care model pivot; govt subsidy 'suboptimal'
Summerset wants 75% of its care units to have an upfront license-to-occupy payment.
Markets
Engine repairs drag on for Air NZ
Another ‘hard‘ year for the national carrier, weak FY26 ahead.
Markets
Air NZ's FY net profit slides in soft market
Air New Zealand has made a $126 million net profit after tax, down from $146m the year before.The airline stated that its 2025 financial year results reflected a sluggish domestic market, global engine maintenance challenges, and significant cost inflation.Earnings before tax wer...
