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Lower fuel margins dent Z Energy’s first-half profit

Net profit dropped by 80%.

Reweti Kohere Thu, 31 Oct 2019

Lower retail fuel margins and a goodwill impairment have affected the  profit of New Zealand’s largest fuel retailer by 80%.

Z Energy posted its earnings today for the six months to September 30, with the company’s net profit dropping to $28 million from $139m the previous corresponding

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Reweti Kohere Thu, 31 Oct 2019
Contact the Writer: reweti@nbr.co.nz
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Lower fuel margins dent Z Energy’s first-half profit
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