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HK-listed Greenheart buoyed by Chinese demand for NZ logs

HK-listed Greenheart buoyed by Chinese demand for NZ logs

By Paul McBeth April 2 (BusinessDesk) - Hong Kong-listed Greenheart Group, which owns the 13,000 hectare Mangakahia forestry estate in Northland, narrowed its annual loss as the New Zealand unit propped up the forestry group with growing Chinese demand for logs. The company r...

01 Apr 2014
Postie Plus shares face suspension if it misses April 8 deadline for earnings, NZX regulator says

Postie Plus shares face suspension if it misses April 8 deadline for earnings, NZX regulator says

April 2 (BusinessDesk) – Postie Plus Group, the clothing retailer whose stock has slumped following distribution problems after moving to Auckland in 2012, risks having its shares suspended on the New Zealand stock exchange if it doesn’t report its first half earnings in the nex...

01 Apr 2014
Goodman Fielder warns annual earnings to fall, seeks faster cost-cutting with lay-offs

Goodman Fielder warns annual earnings to fall, seeks faster cost-cutting with lay-offs

By Paul McBeth April 2 (BusinessDesk) - Goodman Fielder, Australasia’s biggest food company, says annual earnings will miss expectations by as much as 15 percent, prompting it to speed up its cost cutting plan and reduce staff. The Sydney-based company expects normalised earn...

01 Apr 2014