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Best’s News & Research Service subscription required - August 21, 2017 11:00 AM (EDT)

CBL to Miss Profit Target Due to Increased Reserves

CBL Corp. Ltd. has said it will miss its first-half operating profit target of NZ$40 million (US$29.2 million) due to a NZ$16.5 million strengthening of its insurance reserves, the company noted . . .

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