News | Business
21 Aug 2025 14:34
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    It's been another tough year for Fletcher Building

    It's been another tough year for Fletcher Building

    20 August 2025

    Auckland's Skytower
    Auckland's Skytower
    The construction giant's announced a net loss of 419-million dollars, compared to a loss of 227-million dollars last year.

    Fletcher boss Andrew Reding says this has been one of the most demanding years in recent memory.

    Revenue's down nine-percent.

    Meanwhile, Spark's reporting a 17.7 drop in profit, and Sky City remains in a trading halt as it prepares to announce a possible capital raise.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     21 Aug: Some mixed news for dairy farmers
     21 Aug: Transpower plans to spend 193-million-dollars on a grid upgrade for the upper South Island, as electricity demand grows
     21 Aug: Christchurch police warn a rise in synthetic cannabis across the city, poses a risk to businesses
     21 Aug: The Reserve Bank Governor is defending not going harder with cuts to the Official Cash Rate
     20 Aug: The Reserve Bank Governor reckons we're turning a corner
     20 Aug: The Reserve Bank is signalling further OCR cuts - but making no promises
     20 Aug: One NZ says connections have been restored - after a widespread broadband outage in Auckland and Northland this morning
     Top Stories

    RUGBY RUGBY
    Codie Taylor is poised to join Keven Mealamu as the second hooker to play 100 tests for the All Blacks More...


    BUSINESS BUSINESS
    Some mixed news for dairy farmers More...



     Today's News

    National:
    Do big gigs alter economies? What the Oasis tour reveals about how we spend 14:17

    Entertainment:
    Tyne Daly wasn't invited to her brother Tim Daly's wedding to Tea Leoni 14:12

    Tennis:
    US Open mixed doubles semifinals and final, with Ruud and Swiatek defeating Draper and Pegula 14:07

    Law and Order:
    Four people have been arrested in a dramatic armed police pursuit spanning Auckland and Waikato 14:07

    Law and Order:
    Police are acknowledging a watchdog which has found two officers used unjustified force in the Auckland Custody Unit 13:47

    Entertainment:
    Conan O'Brien thinks late-night television "is going to disappear" 13:42

    Netball:
    The Central Pulse's roster revamp continues in netball's ANZ Premiership 13:27

    Entertainment:
    Princess Andre is afraid of driving in the dark after being involved in a carjacking as a child 13:12

    National:
    Are you really an ISFJ? The truth about personality tests – and why we keep taking them 13:07

    Law and Order:
    A Dunedin man's been charged, after being caught allegedly doing cocaine at a restaurant table 13:07


     News Search






    Power Search


    © 2025 New Zealand City Ltd