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Genesis Energy returns to profit on Tekapo assets, higher power prices
By Pattrick Smellie Aug. 27 (BusinessDesk) - Genesis Energy returned to profit in the year to June 30, with earnings of $90 million, compared with a $17 million loss in the previous year. A full year's earnings from its Tekapo A and B hydro stations, acquired from Meridian Ener...
Tourism Holdings returns to FY profit on Road Bear, RWC
By Hannah Lynch Aug. 27 (BusinessDesk) - Tourism Holdings, the largest provider of holiday rental vehicles in New Zealand and Australia, returned to profit after an increase in sales from the Rugby World Cup and the first full-year contribution its Road Bear unit in the US. Pr...
We’re not to blame for Auckland ticketing debacle, Infratil’s Snapper says
Aug. 27 (BusinessDesk) - Snapper Services, which runs the ticketing system used on Infratil’s buses, says it is not to blame for delays in Auckland’s Integrated Fares System which has led to Auckland Transport terminating its contract. Infratil’s Snapper unit failed to win the...
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