Investor Relations
News Detail
31st Dec 1999
NEW ZEALAND SUBSIDIARY RESULTS Year Ending 31 December 1999
Wilson & Horton Holdings Limited ('WHH') today announced a profit of NZ$56.1 million before tax and exceptional items for the year ended December 31, 1999 which was 109% ahead of the previous year's result of NZ$26.8 million.
Exceptional items include a foreign exchange gain of NZ$161.0m on borrowings and a charge of NZ$2.9 million relating to Year 2000 compliance and rationalisation of certain businesses.
