Colonial Motor (NZX:CMO) delivers record earnings; lifts dividend payout

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 ...

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...

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...

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 ...

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...

The recent announcements will give a further setback to the New Zealand tourism and travel industry. The Prime Minister of Cook Islands in a recent announcement said that there were no plans to reopen travel to New Zealand until there had been no c...

Highlights Skellerup Holding’s Talbot acquisition could mean sustainable future growth. Responsible for several projects of critical importance, the Company focussed on the best client results. Annual results show steady growth for the C...

Freightways Limited (NZX:FRE)  provides express package services throughout New Zealand along with business mail and information management systems.  information management and business mail services. The Company faced many challenges due...

Highlights MHM offers a special dividend, reflecting a strong performance. To focus on sustainable business growth in the future. To focus on acquisitions, to grow the business further. MHM Automation Limited (NZX:MHM) in an announcement ...

New Zealand was under alert level 4 land since 17 August, later some regions were put under alert level 3. Later, during the day, the Government would provide update whether alert level has to be relaxed in areas except Auckland city. As on 5 Sept...