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Sealegs narrows FY loss on rising sales, lower marketing spend
By Paul McBeth May 30 (BusinessDesk) - Sealegs Corp, which makes amphibious boats, halved its annual loss after boosting sales by more than a third and embarking on a restructuring programme that slashed its marketing bill. The Auckland-based company made a loss of $1.9 millio...
Ecoya posts maiden annual operating profit
May 30 (BusinessDesk) - Scented candle and skincare products company Ecoya said it made a maiden annual operating profit after sales jumped 58 percent. Profit after interest costs but before tax and non-recurring accounting adjustments relating to the Trilogy earnout provisions...
Ageing kiwis, outward migration threat to rural areas, not Auckland, NZIER says
By Paul McBeth May 30 (BusinessDesk) - Rural New Zealand is likely to disproportionately suffer the consequences of the country's ageing population and outward migration through a loss of skilled and innovative labour, according to the NZ Institute of Economic Research. Princip...
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