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MarketScreener Homepage  >  Equities  >  NEW ZEALAND STOCK EXCHANGE  >  New Zealand Refining Company Ltd    NZR   NZNZRE0001S9

NEW ZEALAND REFINING COMPANY LTD

(NZR)
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New Zealand Refining : Hydrocracker Incident Update - 29th June 2018

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06/28/2018 | 06:49pm EST

NZX Announcement

29 June 2018

Hydrocracker Shutdown Update

Further to the Company's announcement on the 26th June 2018, we expect the hydrocracker to produce on specification fuels by the middle of next week. The Net Profit After Tax impact is expected to be in the range of $5 to $7 million.

ENDS.

Further information: Greg McNeill

Communications and External Affairs Manager

T: 094325115; M: 021 873623; E: greg.mcneill@refiningnz.com

Disclaimer

The New Zealand Refining Company Limited published this content on 29 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 June 2018 22:48:01 UTC

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Financials (NZD)
Sales 2019 371 M
EBIT 2019 38,8 M
Net income 2019 17,6 M
Debt 2019 235 M
Yield 2019 4,60%
P/E ratio 2019 34,5x
P/E ratio 2020 9,15x
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Sell
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Michael Fuge Chief Executive Officer
Simon Christopher Allen Chairman
Denise M. Jensen Chief Financial Officer & Secretary
Robin Baxter Engineering Manager
Vanessa Cynthia May Stoddart Independent Director