Channel Infrastructure among the day’s gainers after Ampol-owned Z Energy won the tender to supply 90 million litres of diesel at Marsden Point.
The company attributes its outperformance to its employees, but some shareholders believe it is too generous to them.
Recent property devaluations, which had negatively affected the company's bottom line over the past couple of years, have stabilised.
The NZX-listed media company downgraded its underlying earnings guidance this week, citing a downturn in advertising revenue.
Analysts do not expect dividends to resume until at least the 2026 financial year.
The CEO of the country’s largest bank is more optimistic about economic conditions next year.
The country’s largest bank reports higher costs and intense competition in the year ended September.
Christchurch Engine Centre to gain capability to service Pratt’s geared turbofan engines.
Results from the retail group’s refocus are expected to ‘take time’ to bed in.
Hydro generator in the red at the half year, dividend halved.
