Covid-related capital raises push up NZX profit
Companies have sought relief from the market as they battle the effects of the pandemic.
The huge increase in capital raising has helped boost market operator NZX’s net profit by 40% for the first half of 2020.
NZX has reported a net profit after tax (NPAT) of $9.1 million for the six months to June 30, up from $6.4m at the same time last year.
Operating earnings were up 21.5%
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