Archive for the 'Business' Category

KiwiRail posts $85.5M ‘above-rail’ FY earnings

Article – BusinessDesk

Friday 26 August 2016 04:07 PM

KiwiRail posts $85.5M ‘above-rail’ FY earnings, despite falling freight

By Pattrick Smellie Read more »

Visitor spend in Christchurch bouncing back

Press Release – Christchurch and Canterbury Tourism

26 August 2016
Visitor spend in Christchurch bouncing back
Christchurch and Canterbury Tourism says figures for July 2016 released today by Ministry of Business, Innovation and Employment show visitor spend is on the rise. Read more »

Cavalier Corporation returns to profit

Press Release – Cavalier Corporation

26 August 2016
Cavalier Corporation returns to profit
New Zealand carpet maker Cavalier Corporation has returned to a profitable position posting a net profit after tax of $3.1 million for the financial year ended 30 June 2016. Read more »

TVNZ reports profit of $12.7 million

Press Release – TVNZ

TVNZ reports profit of $12.7 million and dividend payment of $13.4 million for the 2016 financial year

TVNZ has reported a net profit after tax of $12.7 million for the financial year ending June 2016. Profit was in line with the financial targets set out in the Statement of Performance Expectations after adjusting for unrealised foreign exchange losses. Read more »

New Zealand Business in Good Hands

Press Release – Future Business Leaders

PRESS RELEASE

FRIDAY, 26 AUGUST 2016

New Zealand Business in Good Hands Read more »

London and New York style storage service coming to NZ

Press Release – Stop Ur Box

London and New York style storage service coming to NZ

Store Ur Box is almost ready to launch

Auckland, 25th August 2016 Read more »

NZ Sotheby’s International Realty launches brand new office

Press Release – Sotheby’s International Realty

New Zealand Sotheby’s International Realty launches brand new office in Waiheke Island

As demand for premium properties in Waiheke Island continues to soar, New Zealand Sotheby’s International Realty is gaining a foothold in the local market with a brand new office. Read more »

Drop Your Boss 2016

Press Release – Graeme Dingle Foundation

Drop Your Boss 2016

This year Drop Your Boss will dare ‘droppers’ to plummet off the Harcourts Building to raise funds towards the re-introduction of the Kiwi Can Programme to the Wellington Region. Read more »

More evidence that MPI doesn’t prosecute fish dumping

Press Release – LegaSea

More evidence that MPI doesn’t prosecute fish dumping

An Official Information Act request by Radio New Zealand has revealed that less than one per cent of all fisheries prosecutions are related to fish dumping. Read more »

Air NZ shares edge up as earnings outlook hangs over profit

Article – BusinessDesk

Friday 26 August 2016 12:44 PM

Air NZ shares edge up as earnings outlook hangs over record 2016 result

By Fiona Rotherham Read more »

Delegat to pay bigger dividend

Article – BusinessDesk

Delegat to pay bigger dividend after posting record annual operating profit

By Paul McBeth

Aug. 26 (BusinessDesk) – Delegat Group will pay a bigger dividend to shareholders after reporting a record operating profit for the 2016 financial year, with North American sales driving revenue growth. Read more »

CBL first-half profit falls 19%

Article – BusinessDesk

CBL first-half profit falls 19% currency losses offset growth in premiums

By Paul McBeth

Aug. 26 (BusinessDesk) – CBL Corp posted an 18 percent fall in first-half profit as losses on foreign exchange movements offset improved earnings and growth in the credit surety and financial risk insurer’s gross written premiums. Read more »

Air NZ rides the tourism boom with record full-year earnings

Article – BusinessDesk

Air NZ rides the tourism boom with record full-year earnings

By Fiona Rotherham

Aug. 26 (BusinessDesk) – Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. Read more »

2016 Romeo Bragato Wine Awards

Press Release – New Zealand Winegrowers

Media Release
25 August 2016

Wine industry recognises shining examples at 2016 Romeo Bragato Wine Awards

An Auckland Chardonnay and a Hawke’s Bay Cabernet Sauvignon Merlot both shone at this year’s Romeo Bragato Wine Awards. Read more »

RITANZ welcomes recommendations of Insolvency Working Group

Press Release – RITANZ

RITANZ welcomes recommendations of the Insolvency Working Group
Auckland, 25 August 2016 – RITANZ, the professional body for New Zealand insolvency practitioners, today welcomed the recommendations of MBIE’s Insolvency Working Group in particular the licensing system for insolvency practitioners. Read more »

Vista first-half profit more than doubles

Article – BusinessDesk

Vista first-half profit more than doubles as acquisitions lift revenue 49%

By Paul McBeth

Aug. 26 (BusinessDesk) – Vista Group International more than doubled first-half profit as the cinema software developer’s series of recent acquisitions bolstered revenue. Read more »

FIRST CUT: Air NZ delivers bumper pre-tax profit for 2016

Article – BusinessDesk

FIRST CUT: Air NZ delivers bumper pre-tax profit for 2016 FY of $663 mln

By Fiona Rotherham

Aug. 26 (BusinessDesk) – Air New Zealand, the country’s largest airline, has reported a 40 percent boost in full-year pre-tax profit of $663 million on the back of higher passenger numbers due to the tourism boom and lower fuel prices to produce the best result in its 76-year history. Read more »

Living Cell Technologies considers ‘medical tourism’

Article – BusinessDesk

Living Cell Technologies considers ‘medical tourism’ if Parkinson’s therapy trial succeeds

By Fiona Rotherham Read more »

NZ dollar gains as Fonterra hikes forecast farmgate payout

Article – BusinessDesk

Thursday 25 August 2016 05:17 PM

NZ dollar gains as Fonterra hikes forecast farmgate payout

By Paul McBeth Read more »

Cloud consultant Sasan Rashidmardani joins Equinox IT

Press Release – Equinox IT

Cloud consultant Sasan Rashidmardani joins Equinox IT

Sasan Rashidmardani, an experienced cloud architecture consultant, has joined Equinox IT in Auckland. Read more »

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