Rangatira, the Wellington-based investor that is adding the Rainbow’s End theme park to its portfolio, reported a 39 percent decline in first-half earnings, reflecting the ‘lumpy’ timing of work at its half-owned Contract Resources. Profit fell to $3 million in the six months ended Sept. 30, from $4.4 million a year earlier, the company said in a statement. It kept …

Pyne Gould Corp, which sold its corporate trust unit September, is seeking returns of more than 15 percent over the next decade and doesn’t expect to ever pay dividends, according to chairman Bryan Mogridge. The company, 77 percent owned by managing director George Kerr, expects to sell its Perpetual trust and wealth management units before the year’s end, leaving it …

Sanford, the country’s second-biggest fishing company by sales, fell 6.7 percent after it took charges on restructuring its Coromandel mussel farm and legal fees for its unsuccessful defence of claims it dumped waste oil off American Samoa. Net profit fell to $20.9 million, or 22.3 cents per share, in the 12 months ended Sept. 30, from $22.3 million, or 23.8 …