Spark sees interim profit rise despite ‘legacy’ revenue decline
The telco is stabilising, has declared an 8 cents per share dividend, and reaffirmed full year guidance.
Spark's Albert Street headquarters.
Spark New Zealand has reported an 83% rise in net profit after tax in the first half of its financial year to $64 million, despite a 1.2% decline in revenue.
The NZX-listed telco said the result showed “continued performance stabilisation and growing momentum in core connectivity”, and declared
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