1197 days ago

Queenstown Airport profits plummet during turbulent year

Nicole Mathewson Reporter from Otago News

A massive 91 per cent drop in net profit reflects a turbulent year for Queenstown Airport Corporation.

The company's annual results for the year ending June 30 underscored the complex and uncertain operating environment created by Covid-19, board chairwoman Adrienne Young-Cooper said.

Total passenger movements (arrivals and departures) were down 29 per cent compared to the year before and 42 per cent compared to the year ended June 30, 2019.

Net profit dropped 91 per cent to $1.6 million from $18m last year and total revenue was down 40 per cent to $27.8m.

No annual divided would be paid to shareholders.

Image
More messages from your neighbours
7 hours ago

Calling All Puzzle Masters! Can You Solve This?

Riddler from The Neighbourly Riddler

When John was six years old he hammered a nail into his favorite tree to mark his height.
Ten years later at age sixteen, John returned to see how much higher the nail was.
If the tree grew by five centimetres each year, how much higher would the nail be?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

Image
7 hours ago

Win this brand new home!

Heart Foundation Lottery

Experience the perfect blend of country charm and city convenience in Clarks Beach, Auckland!

For just $15 a ticket, you could win this brand-new, fully furnished Jennian home, valued at over $1 million.

This home offers three bedrooms, spacious kitchen and living areas, and a double garage.

Whether you decide to make it your dream home, a holiday retreat, a rental property or simply sell it, it’s still a life-changing prize.

Don’t wait—get your tickets today at heartlottery.org.nz.
Find out more

Image
15 days ago

What's your favourite recipe for courgettes?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.

Image