'Sick' year ahead for NZ Refining

New Zealand Refining Company's $23.6 million net profit was slightly better than the $10 million to $20 million full year result the company was expecting thanks to improving margins in December.
But chief executive Ken Rivers is not pinning his hopes on

Andrea Deuchrass
Tue, 16 Feb 2010

New Zealand Refining Company’s $23.6 million net profit was slightly better than the $10 million to $20 million full year result the company was expecting thanks to improving margins in December.

But chief executive Ken Rivers is not pinning his hopes on it as a sure sign of rapid recovery.

“We

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