Pyne Gould Corporation has reported a $6.6 million loss for the six months to December 31, after a profit of $1.9m for the same time in 2012.
The investment company has been split up and sold off over recent years – and remains mostly as fund management firm Torchlight. Perpetual Group and van Eyk were sold last year.
Its main business, Marac Finance, became part of Heartland Bank.
Torchlight brought in $3m in management and trustee-fee income.
| « Sky TV sets rate for bonds | Sovereign rating affirmed » |
Special Offers
No comments yet
Sign In to add your comment
© Copyright 1997-2025 Tarawera Publishing Ltd. All Rights Reserved