Volatile results dog NZ ports

A mixed bag of financials from New Zealands ports saw Port Taranaki turn an encouraging 114% rise in after-tax profit to NZ$4.8m (US$3.6m) and 25% increase in revenue to NZ$37m (US$28m).

Port Strategy: Mixed results for New Zealand's ports

CentrePort Wellington posted a 19% lift in after-tax profit to NZ$19.2m (US$14.5m) and an 8% increase in revenue to NZ$50.5m (US$38.2m).

On the flipside, Port Nelson reported a 3% dip in after-tax profit to NZ$6.7m (US$5.1m), but an 11% rise in revenue to NZ$33m (US$25m), while South Port posted an 8.3% dip in after-tax profit to NZ$2.2m (US$1.7m) and a 1% drop in revenue to NZ$14.6m (US$11.1m).

All news
7-9 October

Join the conversation at the conference

Book your place