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South Port annual profit slips 3%, beating guidance as freight volumes match 2016 record
By Paul McBeth Aug. 24 (BusinessDesk) - South Port New Zealand posted a 3 percent decline in annual profit, beating guidance, as the Bluff maritime hub operator matched record freight volumes set a year earlier. Net profit fell to $8.4 million, or 32.2 cents per share, in...
Sky TV's Fellet picks up shares on market as analyst questions future dividends
By Paul McBeth Aug. 24 (BusinessDesk) - Sky Network Television John Fellet lifted his small stake in the pay-TV operator yesterday after presiding over a 21 percent slump in annual profit and smaller dividend payment. Fellet bought 50,100 shares for $152,506.04, or $3.04 a...
F&P Healthcare lowers guidance on strong NZD, plans to expand manufacturing
By Rebecca Howard Aug. 24 (BusinessDesk) - Fisher & Paykel Healthcare lowered full year earnings guidance due to the strong New Zealand dollar and patent litigation costs, and separately announced plans to expand manufacturing to a third country. In May, the medical devices...
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