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Fletcher figures further $105m loss on NZICC

Construction group announces more provisioning on the troubled contract ahead of its results next week.

Construction on the NZ International Convention Centre project for SkyCity began in late 2015.

NBR Staff Tue, 08 Aug 2023

The NZ International Convention Centre pain continues for Fletcher Building as the construction group today increased its provisioning for losses on the contract by $105 million.

In a statement to the NZX, Fletcher said the move followed a review of accounting on the project by its audit and risk

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NBR Staff Tue, 08 Aug 2023
Contact the Writer: editor@nbr.co.nz
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Fletcher figures further $105m loss on NZICC
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