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Tourism Holdings says annual earnings fell 11 percent to $14.6 million on weak demand in Australia
By Tina Morrison Aug 29 (BusinessDesk) – Tourism Holdings, which merged its campervan rental business with two rivals last year, posted an annual profit at the lower end of its forecast range as weak demand in Australia weighed on earnings. Earnings before interest, tax and fin...
Outages, low demand and low prices depress Genesis Energy earnings
By Pattrick Smellie Aug. 29 (BusinessDesk) - A combination of low wholesale electricity prices, low growth in demand for electricity and gas, and the impact of one-off outages to upgrade canals in the Tekapo hydro scheme saw operating earnings at Genesis Energy fall 13 percent t...
A2 FY profit slips on cost of setting up UK joint venture, sales jump 51 percent as Australian shines
Aug. 29 (BusinessDesk) - A2 Corp, which markets milk products with a protein variant claimed to have health benefits, reported a 6.5 percent decline in annual profit as the cost of setting up its UK joint venture ate into the bottom line, while sales in Australia continued to cl...
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