February 27, 2018 / 7:52 PM / in a year

NZ's Sky Network Television's H1 profit rises 12 pct helped by lower costs

Feb 28 (Reuters) - New Zealand’s Sky Network Television on Wednesday said half-year net profit rose 12 percent, in part aided by lower costs across core operations as a result of a smaller subscriber base.

The subscription television provider posted an interim net profit of NZ$66.6 million ($48.24 million) in the six months to Dec. 31, compared with NZ$59.3 million last year.

The company announced an interim dividend of NZ$0.075, down from the NZ$0.15 payout in the previous year.

Reporting by Devika Syamnath in Bengaluru, editing by David Evans

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below