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| Business News | Monday August 27 2012 14:07
Chorus' maiden profit is ringing true with analysts.
The telecommunications infrastructure company has made a net profit of just over a million dollars in the seven months since it split from Telecom.
It says there are early signs of a demand for high speed fibre.
The company's paying a dividend of 14.6 cents per share rising to 25.5 cents per share for the next year.
Arie Dekker from ABN Amro Craigs says that's better than the market was expecting.