Partners Life first-half insurance profit rose 14%

Article – BusinessDesk

Dec. 23 (BusinessDesk) – Partners Life, a life insurance company whose owners include private equity firm Blackstone, said first-half earnings rose 14 percent as premium income grew faster than expenses. Read more »

Fronde 1H profit falls 26% as company scales back operations

Article – BusinessDesk

Dec. 21 (BusinessDesk) – Fronde Systems Group, which provides IT services to businesses, posted a 26 percent decline in first-half profit and lower revenue as the company continued to cut costs and quit unprofitable business. Read more »

Fronde announces half year profit

Press Release – Fronde

Wellington 21 December, 2016 Fronde, the leading Australasian digital transformation company, today announced its half-year financial results for FY17, with the focus on transformation and profitability delivering sustained and improving margins. Read more »

Intueri turned down for A$6M uplift

Article – BusinessDesk

Dec. 21 (BusinessDesk) – Intueri Education Group says the Australian Department of Education and Training has declined its application for an A$6 million uplift in VHF funding for its Conwal unit and it has slashed its 2016 earnings guidance … Read more »

Smiths City first-half profit slides 46%

Article – BusinessDesk

Dec. 20 (BusinessDesk) – Smiths City Group, the appliance and furniture retailer, reported a 46 percent drop in first-half profit as it faced new restructuring costs and a year-earlier gain on its Colombo St store wasn’t repeated, even as underlying … Read more »

UPDATE: Rakon shares hit 7-month high

Article – BusinessDesk

Rakon shares hit their highest level in seven months after the high-tech components maker said it will raise US$10 million from Taiwan’s Siward Crystal Technology, selling shares at a steep premium to repay debt while gaining a new partner with an established … Read more »

UPDATE: Warehouse shares drop 8% on 1H profit warning

Article – BusinessDesk

Warehouse Group shares dropped 8 percent to $2.87 after New Zealands largest publicly listed retailer said profit may fall between 10-and-15 percent in the first half of its financial year on a weaker-than-expected run up to Christmas. Read more »

Terra Vitae, Craggy Range post stronger full-year profits

Article – BusinessDesk

Dec. 19 (BusinessDesk) – New Zealands Terra Vitae Vineyards and Craggy Range Vineyards both reported a rise in full-year profit on the back of a solid harvest and improving prices as wine remains one of the Pacific Nations fastest growing … Read more »

Te Papa Annual Report details a record year

Press Release – Te Papa

Te Papas Annual Report has been released, revealing fascinating stories and impressive numbers from the national museum of Aotearoa New Zealand. Read more »

2016 Annual General Meeting Outcomes

Press Release – Powerhouse Ventures Ltd

Powerhouse Ventures Limited held its inaugural Annual General Meeting of shareholders as an ASX listed Company today. Read more »

Moana NZ posts 22% gain in full-year profit

Article – BusinessDesk

Dec. 15 (BusinessDesk) – Moana New Zealand, the rebranded Aotearoa Fisheries that holds a half stake in Sealord Group, posted a 22 percent gain in full-year profit allowing the company to increase its dividend for its iwi owners. Read more »

Restaurant Brands lifts 3Q sales by 35%

Article – BusinessDesk

Dec. 15 (BusinessDesk) – Restaurant Brands New Zealand, the fast-food retailer, lifted sales 35 percent in the third quarter, with most of the increase coming from the 42 Australian KFC stores the company bought in April. Read more »

Tegel first-half earnings fall 4% on chicken glut

Article – BusinessDesk

Dec. 15 (BusinessDesk) – Tegel Group Holdings, the poultry group taken public by private equity firm Affinity Equity Partners in April, posted a 4 percent decline in first-half earnings as margins were squeezed by a glut of chicken keeping domestic … Read more »

Ricoh remains in top shape

Press Release – Ricoh

Another solid sales year and a continued focus on innovative technology are two key themes to emerge from Ricoh New Zealands 2016 Sustainability Report, its ninth such report. Read more »

Tegel Reports Strong Revenue and Volume Growth

Press Release – Tegel Foods

New Zealands largest poultry producer, Tegel Group Holdings Limited (NZX/ASX: TGH), today reported net profit after tax of $15.1 million for the 26 weeks ended 23 October 2016, an increase of $9.1 million on the previous half year. Volume increased … Read more »

Geneva Finance lifts first-half profit 56%

Article – BusinessDesk

Dec. 14 (BusinessDesk) – Geneva Finance, which paid a maiden dividend earlier this year, lifted first-half profit 56 percent on credit growth in its lending business and higher premium income from its insurance business. Read more »

Veritas shares halted pending announcement

Article – BusinessDesk

Dec. 14 (BusinessDesk) – Veritas Investments, the food and beverage investor under pressure to improve the performance of its businesses, is in a share trading halt ahead of an announcement by the Auckland-based company. Read more »

Abano 1H earnings beat guidance on growing dental network

Article – BusinessDesk

Dec. 14 (BusinessDesk) – Abano Healthcare beat guidance as it lifted first-half earnings 62 percent from a year earlier on an expanding dental network, giving the board confidence in the current strategy as they rejected a partial takeover bid by dissident shareholders … Read more »

Record Headline Interim Results and Increased Dividend

Press Release – Abano Healthcare Group Limited

Abano Healthcare Group Limited (NZX:ABA) has advised that its headline profit results for the six months to 30 November 2016 are ahead of guidance and well above the same period for the prior year, following a strong performance in October and November. Read more »

Utilities Disputes releases six-monthly report

Press Release – Utilities Disputes

In the six months to 30 September 2016, Utilities Disputes Ltd (formerly the office of the Electricity and Gas Complaints Commissioner) recorded 2047 enquiries, up 18.3% from the previous six month period. Complaints decreased by 10.6% with 1162 recorded … Read more »

« Previous PageNext Page »