(EnergyAsia, February 24 2010, Wednesday) — New Zealand’s only refining company said its net profit fell a whopping 81% to NZ$23.6 million for the financial year ending December 31 2009. Revenue was down 37% to NZ$250.5 million. (US$1=NZ$1.43). The New Zealand Refining Company Limited said it will not be paying a dividend. In describing the…
NEW ZEALAND: Refining company reports 81% drop in profit to NZ$23.6 million for 2009
Posted on February 23, 2010 by EnergyAsia