Company Results

Record interim profit posted by Fisher & Paykel Healthcare

Record interim profit posted by Fisher & Paykel HealthcareFisher & Paykel Healthcare, the company which manufactures breathing masks and respirators, has reported a boosted first-half profit at 34 per cent.  It reported growth in both its major product lines and confirmed its expectations for more annual earnings growth.

The company's profit rose 34% to $44.5 million for the six months to September, compared with the same period last year.

Net profit increased by 22% for Ryman Healthcare

Net profit increased by 22%  for Ryman HealthcareRyman Healthcare the elder care provider has booked a record half yearly profit lifting an underling turnover of 22 percent to $58.5 million.

People have great expectations from its expansion into Australia and its extension of aged care and retirement living in Melbourne.

Increased losses for Xero

 Increased losses for XeroXero, the Wellington based online accounting firm’s half year loss has increased by $10 million to just over $17 million. Following the news Xero’s shares went down by 7.5 per cent at $33 in the early afternoon trade. In spite of this all but Xero's most recent investors are still sitting on huge paper profits.

63% Profit Rise posted by UK Mail

63% Profit Rise posted by UK MailUK MAIL GROUP PLC (UKM. LN) the mail and logistics services company reported a 63% leap in first-half pretax profit. The company mentioned that trading till date in the second half of the year has been as per the company's expectations.

UK Mail the post and parcels' company linked the profits to the rise in internet shopping which pushes up demand for home delivery.

Sales up 1% over 16 weeks for Kathmandu

Sales up 1% over 16 weeks for KathmanduKathmandu Holdings Ltd which is an outdoor clothing and Equipment Company says sales seen during the initial 16 weeks of the financial year were in accordance with expectations, nearly up 1% to $70.9 million.

The company has warned saying that conditions in Australia stay challenging for discretionary retail categories, but that it is well positioned to deal with the environment.

In spite of sales drop Z Energy manages to lift profit

In spite of sales drop Z Energy manages to lift profit The service station chain Z energy,  floated by Infratil and the New Zealand Super Fund in August has been able to lift its profit margin in its maiden result as a listed company, even with selling less fuel because of record retail prices.

The company's share of the petrol market fell to some extent during the six months though its share of the diesel market rose slightly during the latest six month period.

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