Chorus shares fall after it forecasts profit decline
Chorus lifts dividend and forecasts a higher payout this year.
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Phone lines company Chorus is expecting further connection losses this year after losing 125,000 in the year ended June and that’s one reason it expects operating profit to fall in the current year.
Chorus lifted net profit 24% to $113 million in the year ended June with operating profit
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Jenny Ruth
Mon, 28 Aug 2017
Mon, 28 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Chorus shares fall after it forecasts profit decline
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