{"id":118146,"date":"2020-08-11T03:36:07","date_gmt":"2020-08-10T20:36:07","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-crunch-fletcher-building-drops-annual-result-bombshell-flags-196m-loss\/"},"modified":"2020-08-11T05:06:17","modified_gmt":"2020-08-10T22:06:17","slug":"covid-crunch-fletcher-building-drops-annual-result-bombshell-flags-196m-loss","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/covid-crunch-fletcher-building-drops-annual-result-bombshell-flags-196m-loss\/","title":{"rendered":"Covid crunch: Fletcher Building drops annual result bombshell, flags $196m loss"},"content":{"rendered":"<p>&#013;<br \/>\nFletcher Building will make a $196 million loss due to the effect the pandemic has taken on the business, a reversal of fortunes after last year&#8217;s $164m profit.Chief executive Ross Taylor this morning updated the market ahead of&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/property\/news\/article.cfm?c_id=8&amp;objectid=12355440&amp;ref=rss\" target=\"_blank\">Covid crunch: Fletcher Building drops annual result bombshell, flags 6m loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Fletcher Building will make a $196 million loss due to the effect the pandemic has&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118146","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uJA","jetpack-related-posts":[{"id":96453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-in-red-posts-190m-loss\/","url_meta":{"origin":118146,"position":0},"title":"Fletcher Building in red, posts $190m loss","date":"August 22, 2018","format":false,"excerpt":"\r Fletcher Building has made a $190 million loss, only the second time since listing on the NZX in 2001 that it has lost money. The company with a market capitalisation of $5.8 billion released its annual result for the June 30, 2018...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114369,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-net-profit-drops-7m-in-line-with-expectations\/","url_meta":{"origin":118146,"position":1},"title":"Fletcher Building net profit drops $7m &#039;in line with expectations&#039;","date":"February 19, 2020","format":false,"excerpt":"\r Fletcher Building made $82 million net profit after tax for the latest half-year, down on the $89m it made previously, but chief executive Ross Taylor said the outcome was in line with the company's expectations and those set at the...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building net profit\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134481,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-out-early-profit-drops-46-releases-full-year-guidance\/","url_meta":{"origin":118146,"position":2},"title":"Fletcher Building out early: profit drops 46%, releases full-year \u2018guidance\u2019","date":"February 13, 2023","format":false,"excerpt":"\r Residential markets here and in Australia expected to soften.\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building out early: profit drops 46%, releases full-year \u2018guidance\u2019","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121500,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fletcher-building-beats-guidance-to-make-669m-earnings-last-years-loss-becomes-305m-profit\/","url_meta":{"origin":118146,"position":3},"title":"Fletcher Building beats guidance to make $669m earnings, last year&#039;s loss becomes $305m profit","date":"August 18, 2021","format":false,"excerpt":"\r Fletcher Building exceeded its own massive profit guidance, posting its full year result just as all non-essential construction sites throughout New Zealand went into lockdown.The business declared earnings before interest and tax...\r \r Source : nzherald.co.nz\/Property\r Read more...Fletcher Building beats guidance to make 9m earnings, last year's loss becomes\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/experts-divided-on-fletcher-building-result-back-on-even-keel-or-still-under-delivering\/","url_meta":{"origin":118146,"position":4},"title":"Experts divided on Fletcher Building result: back on even keel or still under-delivering?","date":"February 20, 2019","format":false,"excerpt":"\r Fletcher Building received a mixed reaction from analysts after the construction company and building materials manufacturer and distributor converted last year's interim loss of $273 million into an interim profit of $89m.Shane...\r \r Source : nzherald.co.nz\/Property\r Read more...Experts divided on Fletcher Building result: back on even keel or still\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96449,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/market-poised-for-fletcher-full-year-result\/","url_meta":{"origin":118146,"position":5},"title":"Market poised for Fletcher full-year result","date":"August 22, 2018","format":false,"excerpt":"\r Fletcher Building's annual result for the full year result is due out this morning, with investors saying they are focusing on the outlook commentary.The company, one of the largest listed here, with a market capitalisation of $5.8...\r \r Source : nzherald.co.nz\/Property\r Read more...Market poised for Fletcher full-year result","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118146"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118146"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118146\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}