TVNZ’s interim profit falls as one-off costs bite
The state broadcaster will pay an interim dividend of $1.3m to the Crown.
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One-off impairment charges have eaten into state-owned TVNZ’s interim profit.
The broadcaster’s $2.4 million net profit for the six months ended December was down 95% on last year’s $53.1m profit for the same period, as the company recognised $28.5m worth of impairments largely related to
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