BUZZ-New Zealand's Freightways hits near 1-month high on upbeat quarterly earning
Reuters
Oct 30, 2025
BUZZ-New Zealand's Freightways hits near 1-month high on upbeat quarterly earning
** Shares of Freightways Group FRW.NZ rise 2.5% to NZ$14.08, their highest level since October 3
** The freight service provider posts 22.5% higher first-quarter net profit after tax at NZ$23.4 million ($13.42 million)
** Co posts first-quarter operating revenue of NZ$347.1 million, up 8.6% y-o-y
** Shares on track for best day since September 19, if gains hold
** Stock up 32.3%, YTD
($1 = 1.7443 New Zealand dollars)
(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))
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