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Hawke’s Bay
Listed transport and logistics company Freightways has reported a drop in its annual net profit because of higher interest costs, amid tough operating conditions on both sides of the Tasman.
Its net profit in the year ended June 30 was $70.9m, down from $75.3m last year. Revenue was up nearly 8% to
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Profit down, revenue up as interest costs weigh on Freightways
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