News
Trust has big profit turnaround
Monday 30th of July 2007
The trust, which has nearly $300 million in assets and is listed on the NZX, yesterday reported an after-tax profit of $36.22 million for the year to May 31. This is a significant turnaround on last year’s $10.99 loss.
Net operating surplus before tax rose significantly 90.6% from $3.93 million to $7.48 million. Net surplus after tax was up 33.9% from $5.05 million to $6.76 million...
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