Fisher & Paykel Healthcare profit forecast up amid coronavirus outbreak
Healthcare appliance manufacturer Fisher & Paykel Healthcare has upped its profit forecasts for the third time this year, with increased sales off the back of the coronavirus.
Genesis Energy profit falls after lower hydro supply and gas shortage
Power company Genesis Energy has taken a significant financial hit and lowered its guidance, because of lower hydro generation and gas shortages.
Kiwibank profit falls, NZ Post records big pre-Christmas rise
Kiwibank’s first half profit is down on flat revenue growth and increased operations and compliance costs.
Radio Sport ending cricket commentary
New Zealand Cricket and media company NZME have failed to reach a deal on radio broadcast rights for next season’s international and domestic matches.
Auckland Council tells Govt it is ‘strongly opposed’ to its planned model for the housing crisis
Auckland Council is warning government officials of the risks of disastrous housing developments like some seen in the United Kingdom.
Auckland Airport reports flat profit, plans upgrades
Auckland Airport has reported a flat first-half result, and plans to bring forward the billion-dollar redevelopment of its domestic terminal, and upgrade the international arrivals hall.
Fletcher’s net profit down 8% but firm maintains full-year forecast
Fletcher Building is hopeful the Ihumātao land dispute can be resolved soon but says it cannot hold off indefinitely.
Cellphone sales drive Spark’s $167m profit
The telecommunications company Spark has made a larger profit off a big boost in mobile sales, with the company’s bottom line rising 9.2 percent to $167 million in the six months ended Decem.
Dairy prices fall as coronavirus outbreak takes toll on trade
Dairy prices have fallen again in the latest global dairy auction, as the coronavirus outbreak takes its toll on trade.