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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

Callaghan appoints investigator as Powerhouse posts huge loss

Callaghan seeks independent review of effect of Hydroworks' liquidation following results shocker.

Calida Smylie
Thu, 31 Aug 2017

Powerhouse Ventures' full-year loss was down 1564% on last year’s small profit.

The Christchurch-based tech incubator, which listed on the ASX last October, reported a net loss of $11.2 million in the 12 months to June 30 from a profit of $765,000 a year earlier.

Statutory earnings per share

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Calida Smylie
Thu, 31 Aug 2017
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Callaghan appoints investigator as Powerhouse posts huge loss
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