Covid-related capital raises push up NZX profit
Companies have sought relief from the market as they battle the effects of the pandemic.
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The huge increase in capital raising has helped boost market operator NZX’s net profit by 40% for the first half of 2020.
NZX has reported a net profit after tax (NPAT) of $9.1 million for the six months to June 30, up from $6.4m at the same time last year.
Operating earnings were up 21.5%
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