Press Release – Rakon

Rakon Limited (NZX: RAK) has reported revenue of NZ$94.6 million and EBITDA of NZ$6.2 million for the first half of FY12. Brent Robinson, Rakon Managing Director, noted significant underlying business growth had been hurt by the strength of the NZ$. Read more »

Article – BusinessDesk

Nov. 15 (BusinessDesk) – Crystal timing devices manufacturer Rakon is blaming the high New Zealand dollar for its $3.5 million bottom line first-half loss. Read more »

Press Release – Rakon

31 August 2011: Rakon is continuing to record strong sales growth but the highly volatile and very strong New Zealand dollar is undermining profitability. Read more »

Article – BusinessDesk

Aug. 31 (BusinessDesk) – Crystal timing devices manufacturer Rakon Ltd.’s shares sank 5.8% after it said annual operating profit could fall as much as 44% for the year ending March 2012 if the New Zealand dollar remains are current levels. Read more »

Article – BusinessDesk

July 12 (BusinessDesk) – Rakon Ltd., the crystal timing devices manufacturer, has opened its US$35 million factory in Chengdu in western China on time. Read more »

Article – BusinessDesk

May 25 (BusinessDesk) – The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified. Read more »

Press Release – Rakon

Rakon Limited (NZX: RAK) has achieved a significant increase in revenue and earnings for FY11, with revenue up 31% on the prior year to $189 million and EBITDA up 318% to $25 million. The company has also reported a 257% increase of $13.9 million in … Read more »

Press Release – Rakon

Auckland, May 9, 2011. Rakon (NZX: RAK) is proud to not only be the winner of the 2011 PwC Hi-Tech Company of the Year at the NZ Hi-Tech Awards, but also to be recognised as the New Zealand Trade and Enterprise Hi-Tech Company of the Decade (2000 – 2010). Read more »

Press Release – Rakon

Technology manufacturer Rakon says the company is continuing to experience significant growth in demand for its products into smart wireless devices (smart phones and tablet PCs) and that it is anticipating that this growth will continue. Read more »

Article – BusinessDesk

Feb. 14 (BusinessDesk) – The following stocks may be active on the New Zealand exchange after developments since the close of trading. All prices are in New Zealand dollars unless specified. Read more »

Article – BusinessDesk

Dec. 10 (BusinessDesk) – Wellington’s film industry is getting a further boost of government funding, with special effects workshop Weta Digital one of six fast-growing, high-tech companies awarded $7.2 million each under the new Technology Development … Read more »

Article – BusinessDesk

Nov. 11 (BusinessDesk) – Rakon Ltd., the global manufacturer of signaling and timing crystals, is grabbing more of growing smart phone and fibre optic markets as its books returned to black. Read more »

Press Release – Rakon

November 11, 2010: Rakon Limited (NZX: RAK) has achieved a significant increase in revenue and earnings for the first half of FY11, with revenue up 31% and EBITDA of $13.5 million 778% ahead of the same period last year. The company has reported … Read more »

Article – BusinessDesk

Nov. 11 (BusinessDesk) – Rakon Ltd., the high-tech electronic devices crystal manufacturers, returned to profit as demand for new technology reemerged after waning through the global downturn of the past couple of years. Read more »

Article – Businesswire

July 21 (BusinessDesk) – New Zealand stocks rose for a second day as an increase in American building permits stoked investors’ appetite for New Zealand’s construction sector, with Nuplex Holdings, Steel & Tube Holdings, and Fletcher Building Ltd. … Read more »

Article – Businesswire

Rakon reins in full-year loss on pick-up in demand for GPS, outlook improves Read more »

Article – Businesswire

by Paul McBeth Nov. 4 (BusinessWire) – Rakon Ltd., the manufacturer of crystal oscillators used in navigation devices is well-primed for the future as global positioning systems become more common in mobile phones, according to Goldman Sachs JB Were’s …
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Press Release – Rakon

Rakon Limited has announced the successful close of its Share Purchase Plan (SPP). The SPP was offered as part of the NZ$65 million equity raising announced by Rakon on 22 September 2009. Under the SPP Rakon sought to raise NZ$20 million by offering …
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Press Release – Rakon

Rakon Limited (NZX: RAK) is pleased to confirm the successful completion of the institutional placement to raise NZ$45 million to fund the expansion of its Chinese manufacturing facilities.
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Article – Businesswire

Sept. 22 (BusinessWire) – New Zealand shares fell on the benchmark NZX 50 as the kiwi dollar hit a new 13-month high, dimming the prospect of earnings growth for the country’s exporters.
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