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Seeka 1H profit falls on further banana business writedown
By Sophie Boot Aug. 23 (BusinessDesk) - Seeka, New Zealand's biggest kiwifruit grower, posted a 6.5 percent decline in first-half profit despite revenue rising, as it wrote down the value of its banana-sourcing business further. The Te Puke-based company reported profit of...
Lyttelton Port annual profit falls as higher costs outweigh increased revenue
By Tina Morrison Aug. 23 (BusinessDesk) - Lyttelton Port Co's annual profit fell as strike action and costs of hiring additional staff outweighed higher revenue. The port company, owned by Christchurch City Council's investment arm, said net profit fell to $12 million in th...
RESEND: F&P Healthcare raises earnings forecast on weaker kiwi
(Fixes author) By Gavin Evans Aug. 23 (BusinessDesk) - Fisher & Paykel Healthcare Corp has raised its full-year earnings forecast by about $5 million on the back of strong sales growth and the weaker New Zealand dollar. The firm sells hospital equipment and personal slee...
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