Friday 6th August 2004 |
Text too small? |
CDL Investments reported a 28.4% higher $4.7 million June first-half profit. It said the lift, despite lower sales volumes, was the result of a higher proportion of high-value, high-margin section sales.
"Incredible" demand for the Apple iPod and iPod mini digital music players helped boost Renaissance Corporation's June first-half profit to $775,000, from $701,000 a year ago. But that was on revenue of $51.2 million. The company noted margins were "under pressure."
Retirement village operator Metlifecare's June first- half profit rose by 30% to $8.2 million, driven by the buoyant property market and stronger operations. First New Zealand Capital lifted its valuation and upgraded its rating of the shares to neutral.
No comments yet
Devon Funds Morning Note - 06 May 2024
EROAD FY24 Results and Webinar Details
thl reduces FY24 NPAT guidance
May 6th Morning Report
Spark New Zealand appoints new director to the Spark Board
AFT to announce full year results on May 23 2024
CRP - Korella North Takes Another Two Steps Forward
May 3rd Morning Report
ASB workers to strike as bank proposes an effective pay cut
Rising tides, sinking stocks: study explores cost of climate change