Tower revises profit guidance for FY23 to NZ$7mn-NZ$10mn
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Tower revises profit guidance for FY23 to NZ$7mn-NZ$10mn

Jai Singh
16 October 2023
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New Zealand insurer Tower has revised its profit guidance for the 2023 financial year to between A$7mn ($4.43mn) and A$10mn including large events, based on its preliminary unaudited results.

The revised underlying net profit after tax guidance is up from the initial range of between a loss of NZ$2mn and a profit of NZ$3mn.

Tower’s

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