Recent Posts

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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NZF flags reverse listing with unidentified business

NZF Group, the financial services company, has entered into a non-binding agreement with an unidentified business for a possible reverse listing, and expects to acquire it by the end of the month. The Auckland-based finance company sought to liquidate itself earlier this year, but was blocked when a major noteholder asked for a special meeting to try and squeeze more …

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