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Revaluations push Property For Industry net profit down 36 per cent


Revaluations push Property For Industry net profit down 36 per cent
21 Feb, 2021 09:13 PM
3 minutes to read
Less spectacular property revaluations pushed NZX-listed real estate specialist Property For Industry s full-year net profit down 36 per cent, from $176 million to $113.5m.
Property valuations did not rise as fast last year as they had in 2019, which affected the bottom line and revenue also fell.
A $72.5m fair value gain on investment properties, as compared to a $125.2m fair value gain in the prior year, was the main contributor to this reduction in profit, the business said in its result for the year to December 31, 2020.
Yet the company also said it produced a robust result in testing times, the business had borrowed an extra $50m from the Commonwealth Bank of Australia and got that extended until March next year. ....

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Qatar- Bowerman, Ghannam register exciting feature wins


(MENAFN - Gulf Times) Irish raider Bowerman won a spectacular duel in the final 100m to win the Irish Thoroughbred Marketing Cup (QA Group 2), even as Wasim al-Sahn s charge Ghannam beat a highly-rated field to notch a surprise win in the Gulf Cup on the second day of the HH The Amir Sword Festival at Qatar Racing and Equestrian Club s Al Rayyan Park on Friday.
Bowerman, from the yards of Irish handler Adrian McGuinness, opened the mile-long USD 200,000 invitation-only feature for older Thoroughbreds wide from Gate 13. Soon on the back straight, jockey Ronan Whelan had his mount move steadily up on the outside before giving the seven-year-old gelding a go-ahead coming on to the home straight. ....

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Carvings will provide a spectacular welcome to Kororāreka/Russell


Carvings will provide a spectacular welcome to Kororāreka/Russell
15 Feb, 2021 11:00 PM
3 minutes to read
Carver Tony Makiha, pictured at work in 2016, will create a gateway and a wero figure to welcome visitors to Kororāreka/Russell. Photo / Peter de Graaf
Carver Tony Makiha, pictured at work in 2016, will create a gateway and a wero figure to welcome visitors to Kororāreka/Russell. Photo / Peter de Graaf
Northland Age
By: Peter Jackson
It s been said that arriving in Kororāreka/Russell is a bit underwhelming, with nothing distinctive or special to the area to greet visitors, let alone to honour its long, rich Māori history. There s the sign by Matauwhi Bay, mostly overgrown, and nothing on the wharf except a lot of advertising, but that s about to change thanks to a bold new initiative that began with Kororāreka Marae, was picked up by the original wharf trust and then by its successor, the Russell Community Wharf Trust. ....

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Google reveals fascinating trends of Pakistan's searches in 2020


Google reveals fascinating trends of Pakistan s searches in 2020
Pakistan
Year in Search 2020. YouTube/Google South Asia/via The News
Google says some of the topics that saw most traction were TV shows dubbed in Urdu , how to adopt a pet , and mental health support resources
Pakistanis were also curious about how to ramp up charity work and how they could introduce more reusable products in their lives
There was a 109% growth in the searches for disease prevention amid the coronavirus pandemic
KARACHI: Everyone s lives have been significantly impacted by the coronavirus pandemic over the course of past year and the effect carried over onto what Pakistani people searched on Google in 2020. ....

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