Recent Posts

Ebos lifts interim profit by 29 percent as Masterpet performs, bumps up dividend

Ebos Group, the healthcare and animal care products company, lifted first-half profit by 29 percent on the contribution of its Masterpet business, acquired a year earlier. The first-half dividend has been bumped up 30 percent. Profit was $14.6 million, or 29 cents a share, in the six months ended Dec. 31, from $11.6 million, or 22 cents, a year earlier, …

Read More »

Contact goes cool on gas, seeks higher returns on capital

 Contact Energy needs to raise its return on capital closer to international norms, but sees little capacity to do so by raising electricity prices in the next two or three years, says chief executive Dennis Barnes. In a briefing following the announcement of an $88 million tax-paid profit for the six months to Dec. 31, up 29 percent on the …

Read More »

NZ dollar falls on reports of China destroying local milk, Fonterra plays down scare

The New Zealand dollar fell in local trading after reports China’s quarantine administration destroyed three different brands of locally-produced milk powder, reigniting fears about the quality of the country’s biggest export. The kiwi shed half a US cent in the local session on the initial reports, recovering by 5pm to trade at 84.30 US cents from 84.51 cents this morning …

Read More »