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Chorus posts maiden profit

Chorus has posted a maiden profit in its first seven months since splitting from Telecom Corp, and flagged a NZ25.5¢ dividend for its first full year as a stand alone entity in 2013.

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Chorus has posted a maiden profit in its first seven months since splitting from Telecom Corp, and flagged a NZ25.5¢ dividend for its first full year as a stand alone entity in 2013.

Net profit was NZ$102 million in the seven months ended June 30, on sales of NZ$613 million, the company said.

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    Original URL: https://www.afr.com/companies/telecommunications/chorus-posts-maiden-profit-20120827-j1xmp