22 Feb 2012

Evening Business for 22 February 2012

From Business News, 6:22 pm on 22 February 2012

Fletcher Building's shares fell 2%, after it posted a 13% fall in half year profit and cut its full-year forecast due to weak building activity. The country's largest listed company, made $144 million in the six months to December, compared with $166 million in the same period the previous year. Its chief executive, Jonathan Ling, says the company has been hurt by weak construction activity in New Zealand.

Get the RNZ app

for easy access to all your favourite programmes

Subscribe to Business News

Podcast (MP3) Oggcast (Vorbis)