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Sealegs turns to full-year profit, benefits from selling hulls and technology to overseas manufacturers

Sealegs turns to full-year profit, benefits from selling hulls and technology to overseas manufacturers

By Sophie Boot May 30 (BusinessDesk) - Sealegs, the amphibious vehicle maker, turned to an annual profit after adopting a new strategy, lifting its sales and profit margin. Net profit was $507,576 in the year ended March 31, from a loss of $2.4 million a year earlier, the A...

Sophie Boot 29 May 2016
Turners annual earnings beat guidance, CEO Byrnes to exit top job

Turners annual earnings beat guidance, CEO Byrnes to exit top job

By Paul McBeth May 30 (BusinessDesk) - Turners Group, the financial services firm, beat annual earnings guidance as its finance units performed ahead of forecast and its debt collection business delivered a record year. Chief executive Paul Byrnes said he will hand over the to...

Paul McBeth 29 May 2016
Hellaby cuts guidance as resources unit hurt by refinery shutdowns, name new resources CEO

Hellaby cuts guidance as resources unit hurt by refinery shutdowns, name new resources CEO

By Jonathan Underhill May 30 (BusinessDesk) - Hellaby Holdings cut its full-year guidance, saying earnings would fall because of the impact of refinery shutdowns on its resource services division, whose chief executive will step aside in favour of a new recruit. The announc...