August 20, 2019 / 8:57 PM / 4 months ago

Spark New Zealand posts 12.1% rise in annual profit

Aug 21 (Reuters) - Spark New Zealand, which provides telecom and digital services, on Wednesday posted a 12.1% rise in annual profit, as it earned more from mobile subscribers and benefited from lower costs.

Net profit came in at NZ$409 million ($262.37 million) for the year ended June 30, compared to a profit of NZ$365 million a year ago, which included a cost of NZ$49 million for a digitsation and automation programme. ($1 = 1.5588 New Zealand dollars) (Reporting by Shriya Ramakrishnan in Bengaluru; Editing by Bernard Orr)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below