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      Home > News > Business

    The economic downturn is hitting bottom lines, in latest half-year business results

    The economic downturn is hitting bottom lines, in latest half-year business results

    20 February 2025

    Auckland's Skytower
    Auckland's Skytower
    Sky City's profit is down 73-percent, with less people gambling.

    Air New Zealand's fell 18-percent, hit by reductions in businesses and government agencies travel spending - and continuing engine problems.

    Auckland Airport's profit rose two-percent, in large part due to more Kiwis heading offshore.

    Real estate investment firm Precinct Properties' profit went up four-percent, benefiting from workers returning to offices.

    © 2025 Newstalk ZB, NZCity


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