Simon Hartley

NZ Refining lifts profit despite pipeline rupture

Repair work on New Zealand Refining's pipeline at Ruakaka last September ultimately cost the fuel...

NZ Refining lifts profit despite pipeline rupture

New Zealand Refining has booked a 66% gain in after-tax profit for the year, and its gross refining margin per barrel lifted almost 24%, to more than $US8 ($NZ11.08).

Asbestos mitigation 'looking unlikely': Port Otago

Signs warn the public of the suspected asbestos contamination.

Asbestos mitigation 'looking unlikely': Port Otago

Asbestos testing remains Port Otago's focus as it seeks to finalise its options on dealing with aged and degraded corrugated cement sheets on one of its wharf-side properties.

Climate gives boost to Mercury Energy

Climate gives boost to Mercury Energy

Brimming North Island lake levels and a South Island drought combined to deliver electricity generator and retailer Mercury record output and earnings for its first-half trading.

St Clair restaurant apologises for false claim on source of pork

Dunedin restaurant Pier 24, at St Clair Beach, has apologised to Havoc Farm Pork, after its staff told a customer it used free-range Havoc pork, when it did not.

St Clair restaurant apologises for pork claim

Dunedin restaurant Pier 24, at St Clair Beach, has apologised to Havoc Farm Pork, after its staff told a customer it used free-range Havoc pork, when it did not.

Restructured NZOG ready to buy and grow

Restructured NZOG ready to buy and grow

Explorer New Zealand Oil & Gas (NZOG) may have turned a corner as restructuring and asset changes come to a conclusion and it refocuses on offshore exploration options.

Metlifecare half-year result lower

Metlifecare half-year result lower

North Island rest-home operator Metlifecare has delivered a half-year result below broker expectations, driven by lower sales volumes than expected.

Queries over asbestos in wharf area

Building owner queries extent of wharf area asbestos roofing

Confirmation of asbestos contamination in Port Otago buildings in Dunedin has prompted one building owner and developer to question how widespread the problem is.

Oceana Gold pays rare dividend after year of records

Oceana Gold pays rare dividend after year of records

Record gold production and declining costs spurred Oceana Gold to post a record $US172million ($NZ234.4million) after-tax profit for 2017.

New Zealand Oil & Gas’ deepwater exploration plans in the Deep South may be the last roll of the dice allowed before changes are made to the Crown Minerals Act. Simon Hartley looks at NZOG’s latest plans.

Steel & Tube profit down 68% at $3.4m

Steel & Tube profit down 68% at $3.4m

Restructuring and inventory writeoff undermined Steel & Tube's first-half trading period, underlying profit plunging almost 65% from $10.6million a year ago to $3.4million.

Asbestos found at sheds

Standing in front of the Fryatt St shed where asbestos dust has been found are (from left) Stuart...

Asbestos found at sheds

Port Otago has shut down public access to 360m of asbestos-contaminated wharfside sheds in Fryatt St after a member of the public found asbestos dust on her vehicle, where up to 50 cars park most days.

Tailwinds bring strong result for THL

Tourism Holdings' revenue from US operations, pictured, represented 44% of of the overall group....

Tailwinds bring strong result for THL

Campervan and tourism operator Tourism Holdings has booked a record $22.8million half-year after-tax profit and pushed out expectations for its full-year profit.

Belgian acquisition for Scott

Belgian acquisition for Scott

Niche Dunedin engineering and robotics company Scott Technology has bought a Belgian warehouse automation company for €12.1 million and plans to expand across the world.

Fletcher Building loses $273 million

A fire design on a small warehouse in 2013 that might have cost $1200 to $1500 was now costing at...

Fletcher Building loses $273 million

Under-fire Fletcher Building has posted a first-half $273 million loss - down from a $187 million profit a year ago - as more details emerge of weakness in its construction division.

A2 Milk expected to deliver strong first-half profit result today

A2 Milk expected to deliver strong first-half profit result today

Sharemarket darling A2 Milk is expected by brokers to deliver a "strong" first-half result today, with revenue beyond $400 million and after tax profits estimated at $77 million to $80 million.

Capitalisation of SI listed companies tops $22b

An aerial photograph of Skyline Enterprises’ $20million Skyline Luge Tongyeong development in...

Capitalisation of SI listed companies tops $22b

South Island-listed companies ended 2017 on a high, recording their strongest quarter of growth as their collective market capitalisation grew 9% to more than $22 billion.

BP confirms station sold contaminated fuel

Fuel retailer BP has confirmed a Dunedin service station sold contaminated fuel last November - with one motorist having successfully claimed compensation for repairs.

Fletcher Building shares and outlook downgraded

Fletcher Building stock has been downgraded a day after it revealed it had project-managed its way into an estimated $952million loss accumulated by its Building + Interiors division.

Otago leads property increase

Otago median house prices have posted a massive gain of almost 33% for January, hitting a record $475,000, according to Real Estate Institute of New Zealand data released yesterday.

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Simon Hartley