Sky Television has reported a hefty full year loss after slashing the value of its business.

The country’s biggest airport has reported a 95 percent increase in profit, as passenger numbers grew and the company sold an Australian investment.

The media company’s profit dropped as revenue fell in “challenging market conditions”.

Air New Zealand is to pay some staff a bonus of $1800 each and invest in new digital technology and better lounges after announcing a near-record profit.

Kiwibank has dropped its one-year mortgage rate to its lowest in two years.

The telecommunications company is restructuring, which has cost hundreds of jobs, and spent $71m on acquisitions, not including 2019 Rugby World Cup broadcast rights.

Dairy prices have fallen to the lowest level in eight months, in the latest global auction overnight.

Specialty dairy company A2 Milk has posted a record profit on the back of surging demand for its infant formula.

Fletcher Building has made a worse than expected full year loss as the problems with major projects overwhelmed the earnings of the rest of the group.

Mercury Energy has made a strong full-year profit driven up by record hydro generation.