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Refining NZ posts $200m loss in Covid-wrought conditions

CEO Naomi James calls FY20 most challenging in company’s 60-year history.

Reweti Kohere Wed, 17 Feb 2021

Refining NZ has posted a near-$200 million net loss for 2020 financial year in what chief executive Naomi James called one of the most challenging business environments in the listed refinery’s 60-year history.

The post-tax loss of $198.3m, which includes a net $158m half-year write-down of

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Reweti Kohere Wed, 17 Feb 2021
Contact the Writer: reweti@nbr.co.nz
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Refining NZ posts $200m loss in Covid-wrought conditions
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