Post by Kiwi Frontline on Oct 25, 2018 16:18:47 GMT 12
NGĀI TAHU MORE CAUTIOUS LOOKING AHEAD AS IT POSTS STRONG PROFIT
Solid trading and a $190 million Crown settlement top up have underpinned the South Island tribe's financial performance over the past year.
Excluding the top up, the tribe's fishing, property, farming and tourism divisions posted a net profit of $150m, providing a dividend of $61m for cultural, social, and economic programmes for the 61,000 registered members.
Ngai Tahu Holdings chief executive Mike Sang said that after several years of unusual residential rebuilding in post-earthquake Christchurch he was adopting a slightly more cautious approach given indications of economic headwinds.....
www.stuff.co.nz/business/108067193/steady-trading-for-ngi-tahu-strengthens-programmes-for-members?cid=app-iPad&fbclid=IwAR3MET6galHvWlBm-2q8yRLH5qpuc2KBJocQ6QjrKHWRwC7-Ib8c-wcajNI
Solid trading and a $190 million Crown settlement top up have underpinned the South Island tribe's financial performance over the past year.
Excluding the top up, the tribe's fishing, property, farming and tourism divisions posted a net profit of $150m, providing a dividend of $61m for cultural, social, and economic programmes for the 61,000 registered members.
Ngai Tahu Holdings chief executive Mike Sang said that after several years of unusual residential rebuilding in post-earthquake Christchurch he was adopting a slightly more cautious approach given indications of economic headwinds.....
www.stuff.co.nz/business/108067193/steady-trading-for-ngi-tahu-strengthens-programmes-for-members?cid=app-iPad&fbclid=IwAR3MET6galHvWlBm-2q8yRLH5qpuc2KBJocQ6QjrKHWRwC7-Ib8c-wcajNI