Mainfreight has super year

Mainfreight has super year

26.5.22 The international freight forwarder and logistics group Mainfreight has notched up another record result and a ‘more than satisfactory’ improvement on the prior year. Revenue in the FY22 year has bounced 47.2% or $1.67 billion to $5.22 billion. Profit before...

Reserve Bank tops up cash rate

The Monetary Policy Committee today did exactly what the market had expected and increased the Official Cash Rate (OCR) to 2.0%. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and support...
F&P Healthcare has strong year

F&P Healthcare has strong year

25.5.22 Fisher & Paykel Healthcare Corporation’s results for the full year ended 31 March 2022 show another strong performance, although lower than the exceptional Covid-driven sales and earnings spike of 2021. Managing director and CEO Lewis Gradon said, “Over...

Bigger interim loss for Gentrack

24.5.22 Gentrack Group, which provides software solutions for utilities and airports, has reported an increased loss in the half-year to 31 March 2022. The first half of the financial year has seen Gentrack make excellent progress in two key areas. Revenue has grown...
Disruptions brake Napier Port half-year

Disruptions brake Napier Port half-year

Napier Port saw ship calls reduce in opening half-year 24.5.22 9.30 Napier Port’s financial results for the first half of the 2022 financial year reflect the challenges of significant supply chain and Covid-related disruptions. Revenue fell 3.6% to $50.7 million from...
Record result for Turners Automotive

Record result for Turners Automotive

24.5.22 9.00am Turners Automotive Group (NZX: TRA) has reported record earnings for the financial year to March 31, 2022 (FY22), with net profit up 16%. This is despite a COVID-19 disrupted year from lockdowns and more recent impact of Omicron on consumer demand and...