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
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