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General Business
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Profit nearly halves at Craigs

Firm sold $1.6b QuayStreet funds management arm to NZX last November.

Craigs chief executive Simon Tong.

NBR Staff Tue, 18 Apr 2023

Profit at broking and investment firm Craigs Investment Partners has nearly halved after brokerage fees fell by $23 million.

Craigs, which sold its QuayStreet Asset Management unit to the NZX late last year, today reported operating revenue of $238.4m in the year ended December 31, 2022.

That was

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NBR Staff Tue, 18 Apr 2023
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Profit nearly halves at Craigs
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