Simon Hartley

Meridian Energy has posted an improved after-tax profit of $197million for its full year, despite its southern hydro assets being under stress from the lack of rain in recent months.

Air New Zealand's full-year earnings before tax took a 21% hit, but it still posted its second-best profit, of $382 million.

Auckland International Airport's profit has risen 27% to $332.9million, and total passenger numbers were up more than 10% to 19million during its year to June.

Sky TV's revenue and bottom line have been hit by a decline in premium satellite subscriptions.

Tourism Holdings has delivered a record annual $30.2 million after-tax profit, bettering its guidance and retaining its $50 million profitability goal for 2020.

Beleaguered manufacturer and distributor Steel & Tube has delivered a disappointing full-year result, at the bottom end of its downgraded guidance.

Camper van operator Tourism Holdings is expected to report a strong full-year earnings result on Tuesday,  driven by an impressive performance from its New Zealand operations.

Skellerup has delivered an improved $22.1million profit for its year to June, largely underpinned by improved cost controls and also buoyed by a foreign exchange gain.

Tasman dental chain Abano Healthcare’s 2017 intern scholarship for a University of Otago commerce student is due to be announced within a week.

Fletcher Building's profit warning last month has been borne out and the Building + Interiors (B+I) project portfolio has posted a $292million loss.

Thegloves are coming off as mining interest groups and environmentalists prepare for a legal battle over consenting issues.

Summerset retirement village operator has posted a 45% gain in first-half after-tax profit at $35.7million - underpinned by unit resales and the profit margin in new builds.

Contact Energy has posted a 4% decline in annual revenue, pulling back from $2.17 billion a year ago to $2.08 billion.

Otago-Southland's service sector maintained a better ranking than the New Zealand average, as wet weather took its toll across the country in July.

Sales for Freightways gained almost 8% for the year to $545.3million and after-tax profit was boosted more than 20% to $60.9million, backed up by full-year guidance for improved growth again in 2018.

Five commercial properties  on the site of  failed meat processor Fortex are for sale on Dukes Rd near Mosgiel.

Bellwether freight company Freightways is expected to report 5% growth for its full-year result today with after-tax profit boosted beyond 20% to more than $60 million.

The Chinese economic juggernaut continues apace. Outgoing consul-general Jin Zhijian talks to senior business reporter Simon Hartley about the challenges, and opportunities, China now faces.

A sex attacker may have been seen following a Queenstown woman home in the early hours of  Sunday morning, prompting local police to ask for any witnesses to come forward.

Otago's manufacturing sector has touched a 20-month high for July, with strong employment and production levels, but niggles remain with ongoing reports of a shortage of skilled labour.