Podmore sees 'challenges' for SLPF after NZ$34.8 mln loss

  St Laurence Property and Finance has reported a NZ$34.8 million loss for the 6 months to September 30, due largely to property writedowns and increased loan provisions in a "challenging" property market, said CEO Kevin Podmore Full details of the result are here. * This article was first published yesterday in our daily subscription newsletter for the banking and finance industries. The email costs NZ$365 per annum and carries exclusive news and analysis for New Zealand banking and finance industry executives, regulators and investors. Sign up for a free trial here.