Queenstown Airport profits plummet during turbulent year
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.
Plywood pegboard
Easily change the height and layout of the shelves any time as your plants grow or the items you want to showcase change with this handy pegboard finished in Resene Colorwood Whitewash.
Find out how to create your own with these easy step by step instructions.
Last chance to share your Bright Spot...
From stunning sunsets to quirky murals - we're loving seeing the beautiful photos that members are sharing across the country. These local Bright Spots add a little colour and brighten the day.
Our Bright Spots campaign closes on Sunday, 15 July so time is running out to share yours. With 10 prizes of $250 Resene ColorShop vouchers and $250 Prezzy® cards up for grabs, do take a moment and share this happy place with us.
Enter your local Bright Spots pics here today and be in to *WIN*.
The Sunday Star-Times Winter Puzzle Comp is Back!
This July we have your chance to win a share of $5,000 in supermarket gift cards! Simply grab a copy of your local newspaper, throw on your thinking cap, and complete the daily puzzles to be in to win.
From 1 July - 28 July, we will be placing a daily puzzle in your newspaper. Solve the puzzle, find the prize word, and enter it online. Complete all 28 puzzles for a higher chance to WIN.
To find out more about participating newspapers, click here
The Team at Stuff and Sunday Star-Times
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