REVIEW

Review Article

Introduction

This paper is an item reconsider OF provisions convey red ink" in writing by Alan wood.

Review

In this item the scribe illustrates that Pyne Gould Corporation mail a half-year decrease, after being compelled to take a $25 million provision for weakened house borrowings, as land developers get crunched by the world slowdown.

Its portions yesterday dropped 7.7 percent to a record reduced of 240 cents since records in 2004. The Christchurch-based PGC provided modified market guidance for its first-half outcome to be described on February 27, showing a decrease of $13m to $15m. It said components of the house market ...