Sharechat Logo

Pyne Gould's Reid benefits

Friday 1st March 2002

Text too small?
Pyne Gould Guinness delivered good news to the market following last September's merger with Reid Farmers.

The increased size of the company was evident in the jump in sales for the six-month interim period ending December 2001 from $53.8 million to $121.5 million, with total assets up from $136 million to $277 million and liabilities up from $93 million to $185 million.

After-tax profit was $4.6 million. Directors will consider a dividend at the end of the financial year.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

TRA - Turners updates earnings guidance
March 18th Morning Report
MCY - Mercury opens $220m geothermal expansion
PYS - PaySauce undertakes Minimum Holding buyback
March 17th Morning Report
Meridian Energy monthly operating report for February 2026
MCY - Mercury considers Green Bond offer
March 16th Morning Report
Metro Performance Glass FY26 Market Update
Devon Funds Morning Note - 13 March 2026