‘We were working on trying to trade our way out, but it became apparent that wasn’t going to happen,’ chair Grant Baker says.
December quarter report shows some positive sentiment returning to markets, as total KiwiSaver AUM cracks $100b.
Industrial services outperformance saved the conglomerate from a struggling media sector.
Ross Taylor and Bruce Hassall to go as company reveals a $122m impairment charge on Australian unit Tradelink.
Guanglin Lai, the rural services company's disgraced former chair, has called a special meeting to vote on his re-election.
Company’s surprise announcement of material impairments and possible exit of CEO Ross Taylor has analysts questioning competence of directors.
The bank concedes it will be tough to match last year’s record A$5.2b profit.
Revenue, ebit, post-tax profit take a dive as inflation and interest rates soar, company says.
Kiwi investors liked Betashares ASX ETFs and the company is looking to New Zealand for growth.
After disclosing court action on money laundering offences, chief executive Michael Ahearne fronted a conference call but gave no answers.
