The New Zealand sharemarket closed the week flat as it grappled with a slowing economy and a further earnings downgrade, this time from Sky City. The S&P/NZX.
SkyCity Entertainment Group has downgraded its full-year profit forecast, blaming reduced revenue from pokie machines and the economic downturn as two of.
The late Māngere multimillionaire Howard Plumley’s $122m donation is partly funding a new school; Ryman Healthcare’s ‘messy’ result; an alternative Downtown.
Kiwi Property released its interim results for the six months ended 30 September 2023 (1H24) today, announcing a robust asset performance and further momentum on its portfolio transformation programme, despite economic headwinds. The company made .