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Port of Tauranga releases first Climate-related Disclosures report
Port of Tauranga today published its first report under the new Climate-related Disclosures regime. The statement describes Port of Tauranga’s governance, risk management processes, climate-related risks and opportunities, as well as its greenhouse gas emissions. About 170 of New Zealand’s biggest companies are required to produce this annual climate statement. The goal of mandatory climate-related […]
Port of Tauranga appoints Future Director Scott Campbell to Board
Port of Tauranga Limited (NZX: POT) today announced the appointment of Scott Campbell to its Board as part of the Institute of Directors’ Future \Directors programme. Scott (Te Arawa, Ngāi Te Rangi, Ngāti Pūkenga) is currently the Managing Director of Strategicly Consulting (formerly Campbell Squared), advising iwi, government agencies and corporates on strategy, reputation and […]
Port of Tauranga shows resilience amid economic and supply chain challenges
Financial results for the year ended 30 June 2024 Port of Tauranga Limited (NZX:POT) today reported improved cargo volumes in the second half of the financial year, as New Zealand’s largest port again proved its resilience in the face of economic headwinds. Amid significant domestic and international supply chain challenges, total cargo volumes for the […]
Tax changes to affect Port of Tauranga profit
Port of Tauranga Limited (NXZ: POT) today announced that changes to tax legislation will result in an $12.9 million impact to the Group Net Profit After Tax for the year ending 30 June 2024. Port of Tauranga Chief Executive, Leonard Sampson, said the law change for depreciation on commercial buildings would result in the company […]
Port of Tauranga announces new Director Sir Robert McLeod and retirement of Alastair Lawrence
Port of Tauranga Limited (NZX: POT) today announced that former Director Sir Robert McLeod KNZM will re-join the Board of Directors following the retirement of Alastair Lawrence. Sir Rob was formerly a member of the Board in his capacity as Chair of Quayside Holdings, the investment arm of Bay of Plenty Regional Council and majority […]
Port of Tauranga reports $47.2 million profit amid challenging trading conditions
Port of Tauranga Limited (NZX: POT) today reported a $47.2 million profit for the six months ended December 2023. Earnings were impacted by lower overall trade volumes, especially in imported and transhipped containers, and higher operating costs, including rail charges. Total trade volumes reduced 8.5% compared with the first half of the 2023 financial year, […]