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…
Sanford profit surges 224% as debt falls and aquaculture lifts earnings
Sanford’s aquaculture businesses – salmon and mussels – exceeded expectations. However, the wildcatch business had fallen short of…
HelloFresh profit plunges 84% as revenue drops amid customer fallout
Back in 2021, the business reported a net profit of $13.6m, representing a fall of 97% in just…
Mainfreight profit drops 18.5% as higher costs hit first-half
“Much will depend on the response to the moderately positive outlook comments and how they square with what…
SoftBank’s half-year profit almost triples amid AI frenzy
SoftBank Japanese tech group reveals it has sold its entire Nvidia stake for $5.8 billion SoftBank CEO Masayoshi Son…
Indonesian banks brace for government policy headwinds after profit slump
Finance Shariah-compliant lenders defy industry’s poor performance amid weak consumer sentiment Of Indonesia’s four largest lenders, only Bank…
Downer New Zealand makes $2.5b revenue, profit up 247% after expenses fall
All up, expenses were down from $2.6b to $2.4b. In May, Hawkins was ranked the country’s busiest builder.…
Westpac’s profit jumps 13%, as it fattens its margins; CEO says average borrower is ahead on their mortgage repayments
The value of term deposits held by the bank fell by 2%, while transaction and savings deposits rose…
Meta shares sink as US$16b US tax charge tanks profit
Costs and expenses in the quarter were $30.71b, an increase of 32% from the same period last year,…