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Kirkcaldie estimates residual value of $3.18-$3.67/share after distribution, share cancellation

Kirkcaldie estimates residual value of $3.18-$3.67/share after distribution, share cancellation

By Jonathan Underhill Feb. 23 (BusinessDesk) - Kirkcaldie & Stains, the cashed-up former department store operator, says its residual value is expected to be $3.18-to-3.67 a share once it has completed a court-approved return of capital to shareholders and cancelled four out o...

CentrePort lifts first-half profit 48%; develops Wairarapa rail hub for logs

CentrePort lifts first-half profit 48%; develops Wairarapa rail hub for logs

By Tina Morrison Feb. 23 (BusinessDesk) - CentrePort, Wellington's port operator, lifted first-half profit 48 percent as it took a smaller hit on the value of its financial instruments compared with the year earlier period. Profit from continuing operations increased to $4....

Tina Morrison 22 Feb 2016
Tourism Holdings lifts 1H profit 45% as visitor numbers swell demand

Tourism Holdings lifts 1H profit 45% as visitor numbers swell demand

By Sophie Boot Feb. 23 (BusinessDesk) - Tourism Holdings, the campervan rental company, boosted first-half profit 45 percent and upgraded its full-year profit forecast, as the sector sits in a sweet spot with a weaker kiwi dollar and cheaper oil supporting international travel...

Sophie Boot 22 Feb 2016