Bottle-O parent Tasman Liquor reports profit lift as it prepares to let 100 workers go
In its financial statements, the company reconfirmed its decision to wind down its New Zealand wholesale liquor operations,…
Tait International profit falls to $37.3m despite revenue growth
Accounts disclose that in July, after balance date, Tait agreed to purchase the assets of Seattle-based in-building wireless…
Samsung expects 780% quarterly operating profit jump on AI boom
With both numbers hitting all-time highs, the company will have broken its own records for both sales and…
Canterbury police work with scrap metal industry to curb copper theft profits
Canterbury police said they were “working with the Scrap Metal Recycling Association to discuss ways to make it…
Hallenstein Glasson profit jumps 49.9% to $59.2m
Digital sales represented 19% of group revenue for the year, up from 18% in the prior corresponding period,…
Fonterra exceeds earnings target, plans to invest $1 billion on South Island manufacturing
The cashed-up co-op also outlined its investment plans. “Today, we are announcing the co-op will invest an incremental…
China teen with zero programming skills earns US$2,600 in 3 days selling AI study app
A 13-year-old girl in China has earned 18,000 yuan (US$2,600) in just three days from an artificial intelligence…
Michael Hill profit jumps 376% to A$10m, Rob Fyfe to retire
Jewellery retailer Michael Hill International’s new strategy appears to be paying off, with the group reporting a 376%…
Air New Zealand CEO targets return to profit in 2027 financial year – unless jet fuel prices have other ideas
But he indicated there were several ways to claw back some of those losses. The first involved hedging,…
Media Insider: TVNZ financial results – state broadcaster’s operational loss, statutory profit and surprise dividend
In an interview with Media Insider, TVNZ chief executive Jodi O’Donnell revealed that the Football World Cup generated…
Media Insider: Sky TV secures EPL rights until 2034, announces strong revenue and profit result
“We know how much the Premier League means to football fans, so we are delighted to renew our…
Qantas makes more than $1.5 billion profit
It said the Middle East conflict and associated impact on fuel prices had cost it A$420 million during…