New Zealand's Vector drops on disappointing FY profit
24/08/2018 24:59
** Vector Ltd VCT.NZ slips as much as 2.7 pct to NZ$3.27,
its lowest since Aug. 16
** Electricity and gas distributor posted FY net profit
after tax of NZ$149.8 mln($99.41 mln), down 11.3 pct from a year
ago urn:newsml:reuters.com:*:nNZW9xWB6N
** Stock posts its biggest intra-day percentage fall since
March 27
** Over 622,000 shares change hands, compared with the
30-day average of 206,000 shares
** Stock is amongst top pct losers on the S&P/NZX 50 index
.NZ50
** Up to its last close, stock had fallen 3.2 pct this year
($1 = 1.5069 New Zealand dollars)
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