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Skellerup flags smaller profit in 2013, shares fall 3.5 percent
By Paul McBeth Oct. 31 (BusinessDesk) - Skellerup Holdings, which makes industrial rubber goods, expects next year's profit to fall as much as 11 percent from a record result in 2012 as the company enters a tough trading environment. The shares fell to a three-week low. Net pr...
AWF posts jump in sales, earnings, points to signs of Christchurch rebound
Oct. 31 (BusinessDesk) – AWF Group, the contract labour firm, posted a jump in first-half sales and earnings and said demand for its services in Christchurch are a leading indicator of a recovery in the stricken city’s construction recovery. Profit in the six months ended Sept....
NZ Shareholders Association questions rubber stamp for Marlin manager, will back wind-up
By Paul McBeth Oct. 31 (BusinessDesk) - The New Zealand Shareholders Association, which advocates for retail investors, is questioning Marlin Global's decision to roll over a management contract with Fisher Funds and will back a resolution to wind-up the investment company at to...
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