An improving financial situation for one of our largest companies, Fletcher Building

It's announced half-year results, weeks after agreeing to sell off its construction arm.

The company's confirmed a half-year loss of 11-million dollars - compared to a loss of 134-million in the year before.

Earnings are back in the black -- half year earnings from continuing operations were 45 million, compared to minus-88-million in the year before.

Spark's announced an 83-percent rise in profit.