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Tegel warns Gita disruptions could hit profit by as much as $2 million
By Rebecca Howard Feb. 22 (BusinessDesk) - Tegel Group, New Zealand's biggest poultry producer, said recent one-off costs could hit net profit by as much as $2 million after the water supply to one of its processing plants was cut off by ex-cyclone Gita and after an ammonia le...
Steel & Tube interim CEO Mark Malpass takes top job permamently
By Paul McBeth Feb. 22 (BusinessDesk) - Steel & Tube interim chief executive Mark Malpass has been appointed to the top permanently, a day before the steel products maker reports first-half earnings. A former executive at Fletcher Building and Fulton Hogan, Malpass has bee...
Airlines, travel agents, rental cars ride booming NZ tourism
By Rebecca Howard Feb. 22 (BusinessDesk) - Companies exposed to New Zealand's booming tourism sector are reaping the benefits with Tourism Holdings doubling its first-half profit, Air New Zealand lifting its dividend, Qantas Airways' Jetstar unit reporting higher passenger num...
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