Pumpkin Patch accounts tagged over reliance on banker

Article – BusinessDesk

Oct. 29 (BusinessDesk) – Pumpkin Patch’s 2014 annual accounts were tagged by auditor PwC over the unprofitable childrenswear retailer’s reliance on bank funding to continue trading as a going concern. Read more »

NZX posts slower Q3 revenue growth as election weighed

Article – BusinessDesk

Oct. 29 (BusinessDesk) – NZX, the New Zealand stock exchange operator, said third quarter revenue growth almost halved from the year earlier pace as activity slowed ahead of September’s general election and the number of new listings declined. Read more »

Pyne Gould late accounts to be tagged by auditor

Article – BusinessDesk

Oct. 28 (BusinessDesk) – Pyne Gould Corp, whose shares have been suspended from trading over the late filing of its annual accounts, says its annual report will be tagged by its auditor, which is still going through the asset management firm’s books and … Read more »

Silver Fern turns to pretax profit, mulls capital structure

Article – BusinessDesk

Oct. 28 (BusinessDesk) – Silver Fern Farms turned to a pretax profit following losses the previous two years and signalled a reorganisation that may lead New Zealand’s biggest meat processor and marketer to change its capital structure. Read more »

GPG’s Coats posts flat 3rd-quarter sales, affirms FY target

Article – BusinessDesk

Oct. 28 (BusinessDesk) – Guiness Peat Group’s Coats unit reported flat sales in the third quarter, affirming expectations annual profit will meet market forecasts, while the wider group continues to work through its outstanding UK pension liabilities. Read more »

Venison: Breaking with Tradition

Press Release – Deer Industry NZ

Deer farmers have enjoyed better prices for their venison this October, the time of the year when chilled venison demand peaks in Europe. But the industry’s real focus is on getting chilled season prices all year-round. Read more »

Whitcoulls sell record-breaking jigsaw puzzle

Press Release – Whitcoulls

Puzzling is huge and it just got bigger with Whitcoulls releasing EDUCA Puzzle 33600 into New Zealand. This striking wildlife puzzle by top international artist Adrian Chesterman contains the largest number of pieces of any jigsaw puzzle in the world. … Read more »

Westpac Waikato Business Excellence Awards

Press Release – Argent Motor Lodge Hamilton

Hamilton Accommodation Provider, Argent Motor Lodge, is a Finalist for Three Westpac Waikato Business Excellence Awards Read more »

Landmark Harcourts Gympie Expands

Press Release – Harcourts

Landmark Harcourts Gympie has been performing so well that they have expanded this month. They are now offering another service to their clients and the community with NAI Harcourts. Read more »

Sky TV sees annual profit gain of up to 8.6% in 2015

Article – BusinessDesk

Sky TV sees annual profit gain of up to 8.6% in 2015, flags new ondemand service Read more »

Mighty River Power Operational Update: 30 Sept 2014

Press Release – Mighty River Power

Mighty River Powers operating statistics for the quarter to 30 September 2014 demonstrate a lift in total generation by 10% (170GWh) on the prior comparable period (pcp). Hydro generation was up 66GWh to 929GWh but below average due to a continuation … Read more »

Heartland NZ chief risk officer resigns

Article – BusinessDesk

Oct. 24 (BusinessDesk) – Heartland New Zealand, the bank which formed after the merger of Canterbury and Southern Cross building societies and Marac Finance, has lost its chief risk officer Mark Mountcastle. Read more »

Sealegs turns first-half profit

Article – BusinessDesk

Oct. 24 (BusinessDesk) – Sealegs Corp, which makes amphibious boats, turned a first-half profit after strong local demand underpinned a pick-up in sales, and as it taps new markets in South America. Read more »

Auckland Airport confirms earnings guidance of $160-$170 mln

Article – BusinessDesk

Oct. 23 (BusinessDesk) – Auckland International Airport, the countrys main gateway, has confirmed its likely to deliver an underlying net profit of between $160 million and $170 million this financial year, in line with the guidance it gave in August. Read more »

Chairman and Chief Executive’s addresses 2014

Press Release – Auckland Airport

It is my pleasure to be here today as this is my first annual meeting as your new Chairman. Read more »

Hamilton Retailer Wins National Recognition

Press Release – Service IQ

Ashley works at Liquor King Hillcrest, in Hamilton, and has completed his ServiceIQ National Certificate in Retail Level 2. Read more »

Restaurant Brands raises annual profit forecast; shares jump

Article – BusinessDesk

Oct. 23 (BusinessDesk) – Restaurant Brands New Zealand, the nation’s largest fast food operator, raised its annual profit forecast as it benefits from lower input costs, higher sales and restructuring of stores. The shares rose to a record. Read more »

CORRECT: ACC FY profit more than halves as claims mount

Article – BusinessDesk

Oct. 22 (BusinessDesk) – Accident Compensation Corp, the state-owned accident insurer, reported a 57 percent drop in annual profit after it faced more claims than anticipated, and as its investment portfolio returns missed expectations. Read more »

ACC annual profit more than halves as claims mount

Article – BusinessDesk

Oct. 22 (BusinessDesk) – Accident Compensation Corp, the state-owned accident insurer, reported a 57 percent drop in annual profit after it faced more claims than anticipated, and as its investment portfolio returns missed expectations. Read more »

Māori Operated SMEs Ahead on Earnings

Press Release – MYOB

Mori-operated small businesses have outperformed the SME average over the last year, although operators are less confident of growth in 2015 according to a nationwide survey. Read more »

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