The Board of Smartpay is pleased to provide the following trading update following the completion of the first quarter to June 2022.
Please see attached for full details.
Approved for release by the Board.
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Markets
Market Close
NZ stocks end lower while Eroad tanks
The S&P/NZX 50 Index dropped 99.89 points or 0.75% to 13,289.21.
Retail
Macpac NZ profits drop 71% as softer sales hit margins
The sales drop in New Zealand was larger than Kathmandu's.
Markets
Eroad shares slump 23% as it shifts focus from North America
Eroad cuts North America exposure, impairing $150m in assets.
