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Benevolent Weather Lifts Profit Guidance up $5M for Kiwi Insurer Tower
Positive trading conditions – including those influenced by better-than-expected weather – have prompted New Zealand-based insurance company Tower Ltd (ASX:TWR) to raise its guidance on underlying net profit after tax (underlying NPAT) for the year ending 30 September 2024 to $40 million.
Tower Further Raises Underlying Net Profit Guidance for Fiscal 2024
Tower (ASX:TWR) expects underlying net profit after tax for the year ending Sept. 30 to exceed NZ$40 million, a further increase from the already upwardly revised forecast of more than NZ$35 million i
Tower Ltd: Tower Updates Guidance
New Zealand Shares Fall as Filled Jobs Settle; Tower Swings to Net Profit in Fiscal H1
New Zealand shares fell on Tuesday's close following a report that showed the country's filled jobs rose at a slower rate in April. The S&P/NZX 50 Index fell 0.63% or 73.49 points to close at 11,682.5
Tower Swings to Profit in Fiscal H1, Declares Dividend
Tower (NZE:TWR, ASX:TWR) swung to a profit in the first half of fiscal 2024 as the company saw improvements in claims performance and implemented operational efficiencies, according to a Tuesday filin
Tower Ltd: Strong Half Year Result With Ongoing Operating Improvements
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