Covid-19 hammers THL earnings
Tourism and campervan company Tourism Holdings’ full year earnings have been hammered by the pandemic.
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Tourism and campervan company Tourism Holdings’ full year earnings have been hammered by the pandemic.
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Genesis Energy’s full year profit is down more than a quarter as rising costs eroded gains in revenue.
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Kiwibank has bounced back from its Covid-19 lows, more than doubling its profit from last year.
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The New Zealand space company had a downbeat debut on the specialist technology Nasdaq stock exchange.
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Some small businesses have exhausted almost all their cash reserves over the past 18 months, and haven’t been able to rebuild them.
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The construction sector needs a rethink as challenges posed by the pandemic place the future of some firms at the risk of failure.
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Dan Huggins, the BNZ’s current executive for customer, products, and services, will replace Angie Mentis in October.
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Meridian Energy’s underlying profit has fallen sharply as low lake levels hit generation, and earnings from Tiwai Point aluminium smelter – its biggest customer – fell.
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Casino operator SkyCity has reported an improved full-year profit, but revenue was knocked by intermittent Covid closures and it’s already counting the cost of the current lockdown.
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A CoreLogic report shows median gain on resales stands at $347,000, but it indicates the strong profits won’t last forever.
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