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King Country Energy attacks grid charge overhaul, warns prices will rise
By Edwin Mitson May 26 (BusinessDesk) - King Country Energy, the central North Island power generator and retailer, has warned the Electricity Authority's planned overhaul of grid charges would both increase prices for its customers and leave it with little incentive to invest...
Sanford almost doubles first-half profit; shares rise to month high
By Tina Morrison May 26 (BusinessDesk) - Sanford, the country's largest listed fishing group, almost doubled its first-half profit as it focused on lifting values over volumes and benefited from lower fuel costs and a weaker New Zealand dollar. Profit jumped to $18.8 millio...
Pacific Edge widens annual loss as it chases US growth
By Sophie Boot May 26 (BusinessDesk) - Pacific Edge, the cancer diagnostics company, widened its annual loss as it invests to grow in the United States. The net loss for the year ended March 31 was $15.5 million, from $12.3 million a year earlier, the Dunedin-based company...
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