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Air NZ earnings soar 20pc

2015-02-24 23:46:15| Airlines - Topix.net

Air New Zealand has posted a 6 per cent fall in net profit for the half year but had record normalised earnings before tax of $216 million, up 20 per cent, driven by lower fuel prices and increased numbers of travellers. Net profit was $197 million for the six months ending Dec.31 with the result including equity accounting losses of $14 million from the New Zealand national carrier's stake in Australian airline Virgin Australia, Revenue grew 3.4 per cent to $2.4 billion, underpinned by increased capacity and improved yields across the network, the Auckland-based company said.

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October auto sales rise 20pc

2013-11-11 22:07:58| Auto Dealers - Topix.net

China's auto sales surged 20.3 percent year-on-year in October, helped by a long holiday, an industry group said.

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Car sales likely to go up 20pc despite strict financing rules

2013-08-05 02:57:36| Auto Dealers - Topix.net

DOHA: Despite stricter auto financing regulations, car sales in Qatar are expected to grow 20 percent this year compared with 2012 with sales volumes touching nearly 100,000, says an industry expert.

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Elan to payback 20pc to shareholders

2013-03-04 09:43:38| Biotech - Topix.net

Irish drugmaker Elan said it will give shareholders 20 percent of the royalty rights for multiple sclerosis drug Tysabri in a bid to stave off an approach for the company by U.S. investment firm Royalty Pharma .

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