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Kiwi Income first-half pretax earnings fall 16 percent on drop in rental income
Nov. 14 (BusinessDesk) - Kiwi Income Property Trust, owner of Auckland’s Sylvia Park Shopping Centre, reported a 16 percent decline in pretax operating earnings in the first half as rental income fell, interest costs rose and it paid a performance fee to its manager. Operating...
Diligent margins expand to 40 percent in Q3, more to come
Nov 14 (BusinessDesk) - Diligent Board Member Services has posted another stellar quarter of revenue growth for the three months to Sept. 30, marked by an increase in adjusted earnings margins to 40 percent for the first time. The company's software for managing corporate govern...
GPG says Coats reorganisation costs to dent 2012 results
Nov. 14 (BusinessDesk) - Guinness Peat Group, the investment firm liquidating its portfolio, said it is accelerating its reorganisation of the Coats thread-making business, its biggest asset, which will drive up costs and dent profit this year and next. Full-year profit before...
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