19 August 2022
Company Announcement
NZX:NZA
NZ Automotive Investments Limited – Trading Update
In the interests of keeping the market informed of trading during the first four months of the 2023 financial year NZAI provides this update in the context of recent announcements about changes to the Board and Management, and in relation to the position of the Company’s financier and auditor.
Please see attachment for full details of the trading update.
The S&P/NZX 50 Index rose 97.07 points, or 0.8%, to 12,447.68.
Fletcher Building subsidiary Iplex Australia to cover 80% of repair costs.
The bus operator's net loss widened from $8m to $17m in the year to March 31.
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