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SeaDragon first-half sales rise 17% as supply security beefs up production
By Suze Metherell Oct. 8 (BusinessDesk) - SeaDragon, which manufactures fish oil for health supplements, boosted first-half sales 17 percent after securing supply of raw material to help bolster production, and has building consents for its new refining plant worth $7.5 millio...
Ngai Tahu annual profit swelled by share sale, insurance proceeds
By Paul McBeth Oct. 8 (BusinessDesk) - Ngai Tahu Holdings, the commercial arm of the dominant South Island iwi, boosted annual profit 20 percent, with earnings swelled by $33.3 million of earthquake insurance proceeds and a $14.8 million gain on asset sales, which included a s...
NZ dollar gains as markets dig in for more Fed news
By Paul McBeth Oct. 8 (BusinessDesk) - The New Zealand dollar gained as markets dial back their support for the US dollar as they await more information from the US Federal Reserve on its plans to shift away from running a zero interest rate policy. The kiwi rose to 78.31 U...
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