Recent Posts

Tauranga ‘game-changer’ to boost Timaru port’s 2015 profit

PrimePort Timaru, the South Island hub which has aligned itself with Port of Tauranga, expects a turnaround in its fortunes as it benefits from its tie up with the country’s busiest export port. The Timaru port posted a 12 percent increase in profit to $1.9 million in the year ended June 30. It expects profit to rise further in 2015 as it benefits …

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Trilogy flags return to profit in first half on Australian sales

Trilogy International, the skincare and scented candle company, expects to return to profit in the first half of its financial year as Australian sales pick up. Net profit is expected to be $860,000 in the six months ending Sept. 30, from a loss of $269,000 a year earlier, the Auckland-based company said in a statement. Sales will rise 11 percent to …

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Power companies gain as investors bet on National Party win

Investors in listed power companies appear to be betting the National Party will retain the government benches at Saturday’s general election, leaving the sector’s existing regulatory structure intact. The NZX Energy Index has gained 6.8 percent over the past 30 days, outpacing the 2.1 percent increase on the benchmark NZX 50 Index, as polling shows a National-led administration is more likely to …

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