The hit continues
Business continues to feel the impacts of the spread of coronavirus in overseas markets.
Tourism and hospitality businesses are seeing cashflow drying up, forestry businesses are laying off workers with the decline in export of logs, and business travel has been curtailed.
Profit guidance by listed companies has so far shown declines, while Briscoes, The Warehouse, Fonterra and Synlait are due to release financial results next week.
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