ANZ’s new floating interest rate means an extra $12m in profit – expert
He said the rate had previously been in a “no man’s land” between Kiwibank and the other major…
Costco NZ turns in first profit since 2022 opening
In its latest financial report, issued in the US last month, Costco Wholesale Corp said its first-quarter net…
Ātihau-Whanganui returns to profit as new governors join board
Three of the seven board members stood down under the board’s rotation policy, including long-serving governor Whatarangi Murphy-Peehi,…
Rodd & Gunn’s $3.7m loss after Canadian department store collapse
“The loss includes $2.4m of debt losses and $300,000 of fixed assets written down,” the latest accounts said.…
Microsoft NZ data centre unit swings to $33.6m profit as revenue jumps 61%
It also reported an income tax benefit of $16.6m versus its year-ago income tax expense of $28.2m. Notes…
Ryman Healthcare’s previous interim profit turns into a loss with lower revaluations but CEO cites corner turned
In October, it listed on the ASX. Ryman Healthcare CEO Naomi James, with Bruce Wattie, grandson of Sir…
Kiwi Property profit drops 77% as writedowns hit half-year result
Operating profit before tax rose 11.5% to $62.9m, reflecting income growth and disciplined cost management, the statement said.…
$3b Oceania Healthcare in turnaround, loss turns to profit, expenses cut, Helier 45% empty
Of those sales, 39 were new units, 52 were new care suites, 71 units were resold and 109…
My Food Bag lifts revenue, trims debt as profit dips slightly
The number of active customers increased to 61,300, up from 60,100. My Food Bag declared a fully imputed…
$4.7b landlord Goodman Property Trust increases net profit 35%, starts at ex-Villa Maria estate
Spence described the portfolio as strong and resilient in the downturn. James Spence, Goodman Property Trust chief executive.…
Napier Port lifts profit 24%, ups dividend
Revenue rose by 11.6% to $157.7m, led by strong container services volume growth and yield improvements across all…
Why Xero shares are tumbling despite its record profit and bullish outlook
Xero reiterated it sees new acquisition Melio doubling revenue by FY2028 as it acts as a vehicle for…