Reduced LPC profit

A comparable 35% reduction in interim profit to NZ$3.7m (US$2.6m) and a “mixed” Northern Hemisphere trade outlook despite positive Asian volume, has seen Lyttelton Port of Christchurch (LPC) reduce its full-year profit prediction by up to 10% to NZ$9m (US$6.3m).

A comparable 35% reduction in interim profit to NZ$3.7m (US$2.6m) and a “mixed” Northern Hemisphere trade outlook despite positive Asian volume, has seen Lyttelton Port of Christchurch (LPC) reduce its full-year profit prediction by up to 10% to NZ$9m (US$6.3m).