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Hallenstein Glasson FY profit falls 22% to lowest in 7 years as margins shrink
By Tina Morrison Aug. 9 (BusinessDesk) - Hallenstein Glasson Holdings said annual profit fell 22 percent to its lowest level in seven years due to weaker margins at its clothing chains. Net profit fell to about $13.5 million in the 12 months ended Aug. 1, from $17.4 million...
Wrightson full-year profit rises 20% on lower tax bill, sales fall 1.8%
By Jonathan Underhill Aug. 9 (BusinessDesk) - PGG Wrightson, the rural services firm controlled by New York Stock Exchange-listed Agria Corp, posted a 20 percent gain in full-year profit, largely by paying less tax, while sales fell in a result it said showed it was able to of...
Property For Industry lifts first-half earnings 17%
By Paul McBeth Aug. 9 (BusinessDesk) - Property For Industry, the commercial property investor, lifted first-half earnings 17 percent as lower interest rates helped cut costs and lease reviews and new purchases lifted rental income. Distributable earnings excluding managem...
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