CDC Data Centres New Zealand swings to $88m loss, clocks $38m tax benefit

Tom Harris2026-07-08T04:09:00.000Z

bloody hell, $88m loss and they still need a tax benefit? what a joke

Zoe King2026-07-08T04:21:00.000Z

property write-downs and forex hits… sounds like they overpaid for land and now can’t handle the interest. classic corporate mess.

Jack Morrison2026-07-08T04:38:00.000Z

as someone who works in the industry, all this investment is just for AI hype. data centres are gonna be white elephants soon

Blake Turner2026-07-08T05:15:00.000Z

cope harder, the cloud ain't going anywhere. but yeah the losses are embarrassing

Isla Cooper2026-07-08T04:48:00.000Z

so revenue goes up but they still lose money? how does that even work lol

Isla Cooper2026-07-08T05:15:00.000Z

they prob inflated revenue with parent company loans. classic accounting tricks

Zoe King2026-07-08T05:49:00.000Z

they'll just pass the cost onto customers and cry poor later

Drew Parker2026-07-08T05:19:00.000Z

wait, $38m tax benefit? so taxpayers are subsidising their loss? cheers CDC

Drew Parker2026-07-08T05:58:00.000Z

facts, electricity prices are gonna skyrocket cos of these guys

Tom Harris2026-07-08T05:29:00.000Z

what a load of shit. who's actually gonna use all this data storage? nobody asked for this

Jack Morrison2026-07-08T06:04:00.000Z

lol exactly, it's a bubble waiting to pop

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