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Marsden Holdings takes hit on property values

Chris Hutching for NBR NZ Property Investor
Thu, 04 Sep 2014

Marsden Maritime Holdings [NZX: MMH] took a $5.9 million hit on the values of its land holdings.

The downward revaluation did not affect the reported profit and loss headline – a net surplus of $8.334 million for the year ended 30 June 2014, up 23.7%.

Chief executive Graham Wallace

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Chris Hutching for NBR NZ Property Investor
Thu, 04 Sep 2014
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Marsden Holdings takes hit on property values
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