Investor Relations
News Detail

20th Aug 1999

NZ Subsidary Results for the Half Year ended 30 June 1999

Wilson & Horton Holdings Limited ("WHH") today announced an unaudited profit of $18.9 million before tax and exceptional items for the six months ended June 30, 1999 which was 46% ahead of previous year's results of $12.9 million.

Exceptional items include a foreign exchange gain of $160.2 million on borrowings which more than offsets the foreign exchange loss of $114.6 million recorded last year.

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