- October 21, 2021 03:50 PM NZDT
Highlights AIA’s operations continue to be impacted by the COVID-19 pandemic amid travel curbs and lockdowns. The Group’s revenue was down by 50% to $281 million in FY21. AIA remains optimistic for future growth as international tr...
How Freightways (NZX:FRE) is helping in waste sector growth?
- September 30, 2021 03:49 PM NZDT
Freightways Limited (NZX:FRE) is a package & business mail, information management and waste service provider. The Group witnessed many challenges due to COVID-19 in 2020 but saw an uptick in its business in FY21. This was majorly due to its Pr...Read More...
Why Air NZ’s (NZX:AIR) Annual Meeting 2021 can be important affair
- September 29, 2021 07:46 PM NZDT
Highlights Air NZ’s Annual Meeting to be held virtually amidst COVID-19 rising cases. Lockdown impacts on the business to be discussed during the meeting. Resolutions about the Directorial vote is another major meeting agenda. Air N...Read More...
One Automotive Dealer Having Decent Growth Prospects
- September 24, 2021 10:02 PM NZST
- Team Kalkine Media
As the market participants are aware, the global economy witnessed the significant disruption as a result of the outbreak of the COVID-19 pandemic. In order to restrict the spread of COVID-19, several lockdowns were imposed and, as a result, the oper...Read More...
How are 2 NZX airlines stocks faring in Q3?
- September 24, 2021 09:55 PM NZST
Highlights The airline industry is under the impact of lockdowns and travel bubble suspension amid delta variant outbreaks in Auckland. Air NZ provided estimations of the impact of different alert levels on the financial performance of the Comp...Read More...
How is Air NZ (NZX:AIR) sustaining amid COVID-19 lockdown?
- September 23, 2021 05:35 PM NZST
Air New Zealand Limited (NZX:AIR) is an Auckland-based domestic and international passenger and cargo services provider in NZ. The airline provided a trading update on 17 September that revealed the impact of the national lockdown in NZ and t...Read More...
What is Mainfreight’s global supply chain status?
- September 22, 2021 05:00 PM NZST
Mainfreight Limited (NZX:MFT) is a global supply chain company that offers managed warehousing and freight forwarding services around the world. MFT had posted a record result in FY21 with sales revenue crossing $3.5 billion for the first time as ...Read More...
How are 5 NZX transportation stocks faring amid lockdowns?
- September 21, 2021 10:30 PM NZST
Highlights New Zealand has a large, efficient and diverse transportation sector. Mainfreight experienced a drop in domestic transport trading revenue in FY21. MOVe Logistics’s trading was impacted in H1 of the financial year due to the C...Read More...
Are NZ freight and logistics stocks back on track?
- September 17, 2021 06:46 PM NZST
Highlights Freight & Logistics companies manage the movement of goods in New Zealand and outside. The COVID-19 pandemic had an adverse impact on some of these companies. Because of economic recovery in the first half of CY2021, these compa...Read More...
Is hydrogen-powered Air NZ (NZX:AIR) aircraft in the offing?
- September 16, 2021 05:44 PM NZST
Highlights Air New Zealand to tie up with Airbus for Zero-emission aircraft. Air NZ to understand the impact of hydrogen aircraft as given in the MoU. The national carrier has a target to go zero emission by 2050. In an ...Read More...
How is Sanford’s (NZX:SAN) seafood delivery progressing amid COVID-19?
- September 16, 2021 04:02 PM NZST
Sanford Limited (NZX:SAN) is an Auckland-based seafood company involved in farming, harvesting, managing and marketing seafood. It owns and handles fisheries across NZ waters. The seafood Company, being a heavily export-focused business, was struc...Read More...