News | Business
25 May 2020 16:47
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • 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

    More unexpected news from Fonterra -- with the dairy co-cop deciding to delay the reporting of its audited financial results

    More unexpected news from Fonterra -- with the dairy co-cop deciding to delay the reporting of its audited financial results


    Fonterra
    Fonterra
    The reporting date has been delayed from next Thursday to no longer than the end of the month.

    It's also confirmed prior guidance that it expects to report a loss of 590 to 675 million dollars for the year to July, which is a 37 to 42 cent loss per share.

    The Business Herald's Duncan Bridgeman says this year's results are particularly complex.

    Fonterra says it needs extra time with its auditor to work through the nitty gritty in its accounts.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     25 May: Up to 60 English lower league football clubs could go out of business if the sport fails to plan for the impact of COVID-19 beyond the current season
     25 May: More support for Kiwis left jobless by COVID-19
     25 May: Changes to the building consent process have been a long time coming, in the eyes of master builders
     24 May: The boss of the Gold Coast Titans warns a second Brisbane team would have a massive impact on his club financially
     24 May: Tension is growing between the A-League and its players with a critical date fast approaching
     23 May: Rental car company Hertz has filed for bankruptcy, unable to withstand the COVID-19 pandemic that has crippled global travel
     23 May: The more than a century old car rental firm Hertz Global Holdings filed for bankruptcy protection after its business was decimated during the coronavirus pandemic and talks with creditors failed to result in much needed relief
     Top Stories

    RUGBY RUGBY
    The professional playing days of former Crusaders and All Blacks halfback Andy Ellis could be drawing to a close More...


    BUSINESS BUSINESS
    Up to 60 English lower league football clubs could go out of business if the sport fails to plan for the impact of COVID-19 beyond the current season More...



     Today's News

    International:
    Prince William says parenthood brought back 'traumatic' memories of the death of his mother Diana 16:37

    Law and Order:
    A man accused of murdering a baby during the lockdown has appeared in the Manukau District Court 16:17

    Politics:
    Who is Dominic Cummings and why won't Boris Johnson sack him for flouting UK coronavirus lockdown rules 16:17

    Politics:
    MBIE's given nearly half-a-million-dollars to an Auckland start-up to develop a Covid-19 vaccine 15:47

    Law and Order:
    Police are looking for a man who picked up a hitch-hiker near Wellington on Saturday, May 16 15:27

    Health & Safety:
    Warnings Wellington health professionals should be on the look out for Rheumatic fever 14:57

    Politics:
    National's new leader has revealed a reshuffled Caucus - with a spot for the man he usurped 14:07

    Golf:
    Tiger Woods didn't miss a fairway to earn a measure of revenge against Phil Mickelson as he teamed with Peyton Manning to win "The Match: Champions for Charity" 13:27

    Business:
    Up to 60 English lower league football clubs could go out of business if the sport fails to plan for the impact of COVID-19 beyond the current season 13:07

    Environment:
    Otaki Beach Store's owner says he has a "minor" clean-up job after this morning's earthquake 12:27


     News Search






    Power Search


    © 2020 New Zealand City Ltd