close
MENU
2 mins to read

Chorus shares fall after it forecasts profit decline

Chorus lifts dividend and forecasts a higher payout this year.

Jenny Ruth
Mon, 28 Aug 2017

Phone lines company Chorus is expecting further connection losses this year after losing 125,000 in the year ended June and that’s one reason it expects operating profit to fall in the current year.

Chorus lifted net profit 24% to $113 million in the year ended June with operating profit

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jenny Ruth
Mon, 28 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Chorus shares fall after it forecasts profit decline
69648
true