
Mainfreight shares slip as earnings growth lags
Mainfreight shares, which have jumped by a third this year, fell after it posted first-half earnings that disappointed some investors.
Mainfreight shares, which have jumped by a third this year, fell after it posted first-half earnings that disappointed some investors.
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An Auckland woman who admitted stealing nearly $4.5 million from the transport company she worked for has been sentenced to over four years' jail.
Mainfreight says an official history of the company is incorrect - and that a big lawsuit against the former owners of a European firm it bought has yet to begin.
Shares in logistics company Mainfreight have rallied after it revealed a 39pc annual profit leap.
Mainfreight said its annual profit of $65.7 million was up nearly 40pc on the previous year.
Weak earnings show Australia has not such a lucky country for NZ firms lately