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New Zealand Post makes record annual profit

New Zealand Post

New Zealand Post has made a record profit, and paid a healthy dividend to the Government.

The SOE made $137.2 million for the year to June. The result includes a one-off gain of more

than $78 million from the sale of its Express Couriers unit to New Zealand Post’s joint venturewith DHL.
In total this year the SOE has paid $50 million in dividends to the Crown.That is comparedwith $22 million last year.

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