Results announcements
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, […]
Port of Tauranga improves financial performance as cargo volumes slow
Financial results for the year ended 30 June 2023 Port of Tauranga Limited (NZX:POT), New Zealand’s largest port, today reported a sound full year result, despite cargo volumes decreasing in the second half of the year. The company reported Group Net Profit After Tax of $117.1 million, a 5.2% increase on the previous year. Total […]
Port of Tauranga Reports Strong Mid-Year Results
Port of Tauranga Limited (NZX:POT) today reported strong financial results for the first six months of the 2023 financial year, despite decreases in some cargo volumes. Group Net Profit for the six months to December 2022 was $62.7 million, an increase of 11.3% from the same period last year. Total cargo volumes decreased 2.5% to […]
Port of Tauranga announces annual results as congestion lingers
Financial results for the year to 30 June 2022 Port of Tauranga, New Zealand’s largest port, today reported Group Net Profit After Tax of $111.3 million on 25.6 million tonnes of trade amid ongoing supply chain disruption. The increase in revenue reflected the strong diversity of cargoes, resilient operational performance and ongoing storage revenues due […]
