Press Release – Destination Rotorua Marketing

Rotorua had another bumper month for visitation in March after posting a record result for February, with Chinese visits to Rotorua attractions and activities almost trebling since the last time Easter fell in March back in 2008. Read more »

Article – Businesswire

May 17 (BusinessDesk) Nuplex Industries cut the range for its full-year earnings guidance by about $11 million, saying Australias manufacturing slump has dented demand for its resins, specialty chemicals and plastic additive products. The shares … Read more »

Article – Businesswire

May 16 (BusinessDesk) Wellington International Airport, which the Commerce Commission deems is extracting excessive profits, says a 20 percent increase in revenue from its airline customers reflects a new noise levy and the absence of an international … Read more »

Press Release – BARNZ

Wellington Airports 20 per cent jump in its full year profit reported today proves the airlines claim about the airport abusing its monopoly position. Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – Agria Corp, the New York Stock Exchange-listed agriculture investor whose top executives left last year, has brushed off local subsidiary PGG Wrightsons profit warning as a temporary setback and is still optimistic … Read more »

Article – Businesswire

May 16 (BusinessDesk) Wellington International Airport, which was deemed by the Commerce Commission to be extracting excessive profits in February, posted a 20 percent increase in full-year revenue from its three main airline customers, its results … Read more »

Article – BusinessDesk

May 16 (BusinessDesk) – Ryman Healthcare, the retirement village operator whose shares have jumped by more than a third this year, boosted annual profit 13 percent as increased sales of units lifted its fee income and as the value of its property portfolio continued … Read more »

Article – BusinessDesk

May 15 (BusinessDesk) – AWF Group, the contract labour firm, more than doubled annual profit after selling its Panacea Healthcare unit and will return most of the $2.24 million proceeds to shareholders via a special dividend. Read more »

Article – Businesswire

May 15 (BusinessDesk) Goodman Property Trust, which is managed by a unit of ASX-listed Goodman Group, recorded the first increase in the value of its portfolio since 2008, adding to accounting adjustments that contributed to a 92 percent jump in annual … Read more »

Press Release – Jones Lang LaSalle

Research undertaken by Jones Lang LaSalle shows that projected population growth in New Zealands big cities will create significant new demand for retail mall space. In large markets like Auckland, Wellington and Christchurch which are already … Read more »

Press Release – Statistics New Zealand

The warmer-than-usual start to autumn has weakened clothing and footwear sales, Statistics New Zealand said today. When seasonal effects are removed, shoppers spent 2.4 percent ($21 million) less at clothing, footwear, and accessories retailers in the March … Read more »

Article – BusinessDesk

May 14 (BusinessDesk) Infratil, which is mulling the float of its Z Energy chain of petrol stations, reported a drop in full-year profit after writing down the value of its UK airports and recognising accounting charges. Read more »

Article – BusinessDesk

PGG Wrightson annual earnings to fall by up to 27% on drought, lower livestock values Read more »

Press Release – Kiwi Income Property Trust

Kiwi Income Property Trust today announced its annual result for the year ended 31 March 2013, delivering an after tax profit1 of $109.8 million, up $20.6 million, or 23.1% on the previous year. Unit Holders will receive a full year cash distribution … Read more »

Article – BusinessDesk

May 13 (BusinessDesk) – Kiwi Income Property Trust, the owner of Aucklands Sylvia Park Shopping Centre, reported a 15 percent fall in annual earnings due to a drop in rental income and expects to pay a smaller return to investors in 2014. Read more »

Article – BusinessDesk

May 10 (BusinessDesk) – TrustPower, the utility controlled by Infratil, reported a 6 percent fall in underlying annual earnings as it went faced a tougher environment with dwindling customer numbers and thinner margins. The shares gained. Read more »

Press Release – MTF

Profit after tax was $4.7m (31 March 2012: $2.4m) New loan originations have continued to improve and are 12.2% ahead of last year. Read more »

Press Release – TrustPower

TrustPower produced a solid operating performance for the 2013 financial year. Good progress was made in implementing the Groups growth agenda demonstrated by The Groups commitment to invest in the 270MW Snowtown Stage 2 Wind Farm in South Australia. Read more »

Press Release – Reading International

Reading International, Inc. (NASDAQ: RDI) announced today the results for its quarter ended March 31, 2013. Read more »

Article – BusinessDesk

May 10 (BusinessDesk) – Warehouse Group, the countrys biggest listed retailer, boosted third-quarter sales at its Red Sheds and stationery outlets, and has kept its annual guidance unchanged. Read more »