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Z Energy bottom line rebounds despite earnings pinch

Final dividend of 14c a share declared.

Reweti Kohere Thu, 06 May 2021

Z Energy’s full-year bottom line has rebounded 165% from an $88 million loss, although Covid-19 and low refining margins have pinched earnings despite a concerted effort to cut operational costs.

The listed fuel retailer posted a statutory net profit of $57m for the year to March 31, helped by

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Reweti Kohere Thu, 06 May 2021
Contact the Writer: reweti@nbr.co.nz
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Z Energy bottom line rebounds despite earnings pinch
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