It reported a sharp lift in annual profit, driven largely by property revaluations, but its underlying earnings show only modest growth.
28 minutes ago
Goodman's Highbrook Business Park estate in East Tamaki.
Strong demand for its warehousing and logistics properties delivered a healthy boost to profits.
Key numbers for the year ended March 2026 compared with a year ago:
Net profit $248m vs $109.6m
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The commercial property owner increased income on higher rents and developments, while lower interest costs also supported…
Occupancy at its sole asset, the Munroe Lane office development in Albany, increased to 75.6 percent from 65 percent following…
Revenue rose to $100.3m from $94.5m, reflecting higher sales volumes and improved pricing across key markets.
Results exceeded market expectations and included an 18 percent jump in revenue for its hospital business.
Turners delivered a record financial result across its three core operating divisions.
The company won't pay a full year dividend as a result of negative cashflow, with net profit for the 12 months ended March of…
