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Tower Limited Company Snapshot
Tower Limited operates in the Life insurance sector. In addition to historical fundamental analyses, the complete report available to purchase compares Tower Limited with three other insurance companies in Australasia: Genworth Mortgage Insurance Australia Ltd of Australia (2018 sales of 360.70 million Australian Dollars [US$246.71 million] of which 100% was Insurance & Related Activities), AUB Group Ltd of Australia (248.49 million Australian Dollars [US$169.96 million] of which 76% was Insurance Intermediary), and Iselect Ltd which is also based in Australia (181.44 million Australian Dollars [US$124.10 million] of which 49% was Health Insurance).

Sales Analysis. Tower Limited reported sales of 281.72 million New Zealand Dollars (US$180.59 million) for the fiscal year ending September of 2018. This represents an increase of 5.3% versus 2017, when the company's sales were 267.60 million New Zealand Dollars. Sales at Tower Limited have increased during each of the previous five years (and since 2013, sales have increased a total of 20%). Sales of Holdings and Eliminations saw an increase that was more than double the company's growth rate: sales were up 383.2% in 2018, from 665,000.00 New Zealand Dollars to 3.21 million New Zealand Dollars. Not all segments of Tower Limited experienced an increase in sales in 2018: sales of General Insurance/pacific fell 3.7% to 43.17 million New Zealand Dollars.
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Tower Limited
  Stock Performance Chart for Tower Limited
  Stock Data: Recent Stock Performance:
  Current Price (11/15/2019): .69
(Figures in New Zealand Dollars)
1 Week -0.7%   13 Weeks 0.0%  
4 Weeks -4.4%   52 Weeks -5.7%  
Tower Limited Key Data:
  Ticker: TWR Country: New Zealand
  Exchanges: NZL Major Industry: Insurance
    Sub Industry: Life Insurance
  2018 Sales 281,722,000
(Year Ending Jan 2019).
Employees: N/A
  Currency: New Zealand Dollars Market Cap: 241,867,578
  Fiscal Yr Ends: September Shares Outstanding: 350,532,722
  Share Type: Ordinary Closely Held Shares: 8,037,980
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