All News
Trade Me posts flat 1H profit; warns FY18 profit will grow at a slower pace than FY17
By Tina Morrison Feb. 28 (BusinessDesk) - Trade Me, New Zealand's largest online auction site, said earnings didn't budge in the first half as its expenses grew faster than revenue and it expects full-year profit to grow at a slower pace than last year. Net profit rose was...
Sky TV slashes prices to stem customer exodus; cuts dividend to meet challenges
By Paul McBeth Feb. 28 (BusinessDesk) - Sky Network Television has slashed prices in an effort to slow an exodus of customers quitting its pay-TV service in favour of cheaper on-demand rivals and cut its interim dividend in half in an effort to cope with the rapidly changing e...
NZ Refining profit jumps 66%, declares $14.3M cost from pipeline rupture
By Pattrick Smellie Feb. 28 (BusinessDesk) - New Zealand Refining, operator of the country's only oil refinery, declared a 66 percent increase in net profit for the year to Dec. 31, despite repair costs and lost sales totalling $14.3 million from the failure of the pipeline be...
Prev
