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Xero cracks quarter-million customers
By Paul McBeth Feb. 20 (BusinessDesk) - Xero, the cloud accounting software developer, reached a quarter of a million customers at the end of January, almost doubling its paying clients from the same time a year ago. The Wellington-based company attracted its 250,000th custome...
Home-building, Christchurch and rural upturn lift Steel and Tube 1H 10 percent
Feb. 20 (BusinessDesk) – Steel products manufacturer Steel & Tube lifted earnings 10 percent in the six months to Dec. 31, turning in a tax-paid net profit of $8 million on a 6 percent lift in sales to $211.7 million. However, margins remain tight and despite the Christchurch r...
Airwork on track to meet FY target after 1H profit slips 18 percent on IPO costs, interest rate swaps
By Paul McBeth Feb. 20 (BusinessDesk) - Airwork Holdings, the aviation services specialist which listed last December, is on track to meet its annual earnings target after first-half profit slid 18 percent on the cost of its initial public offer and a revaluation of its interes...
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