Results announcements
Container Volumes Continue to Grow at New Zealand’s International Hub Port
Profits hold steady and cargo growth still expected long-term Port of Tauranga today announced stable profitability for the first six months of the 2020 financial year, despite total cargo volumes dipping 4.2% to just under 13.3 million tonnes. Group Net Profit After Tax was $48.3 million, which was 1.4% lower than the same period the […]
Cargo volumes flat at Port of Tauranga in first quarter of financial year
Port of Tauranga, New Zealand’s international hub port, today reported a slight decrease in cargo volumes for the first quarter of the 2020 financial year. From 1 July 2019 to 30 September 2019, Port of Tauranga handled nearly 6.8 million tonnes of cargo, a 1.1% decrease on the same period last year. Log exports dropped […]
Growth in Cargo Volumes Contributes to Increased Profit for Port of Tauranga Limited
FINANCIAL RESULTS FOR THE YEAR TO 30 JUNE 2019 Port of Tauranga, New Zealand’s largest port, today reported record cargo volumes and increased profits for the year to 30 June 2019. Port of Tauranga continues to consolidate its position as New Zealand’s international hub port, with transhipment increasing 11.2%. The Port handled more than 26.9 […]
Port of Tauranga Posts Strong First Half Performance
FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2018 Port of Tauranga (NZX.POT), New Zealand’s largest port, today reported a strong start to the 2019 financial year, with increased cargo volumes contributing to a 4.0% increase in Group Net Profit After Tax to $49.0 million. Highlights Total trade increased 8.8% to nearly 13.6 million […]
New Zealand’s International Hub Port Sees Strong Cargo Growth in First Quarter of Financial Year
Port of Tauranga today reported first quarter trade volumes grew 8.3% on the same period last year. From 1 July 2018 to 30 September 2018, the Port handled more than 6.6 million tonnes of cargo. The increase was driven by log exports, which were 14.7% higher compared with the previous corresponding period, and transhipped containers, […]
Cargo Growth Produces Record Year for Port of Tauranga
FINANCIAL RESULTS FOR THE YEAR TO 30 JUNE 2018 Port of Tauranga’s hub port strategy is gaining momentum, with growing cargo volumes and increased transhipment driving record results in the year to 30 June 2018. New Zealand’s largest, fastest growing and most productive port saw container volumes increase 8.9% to nearly 1.2 million TEUs[1], while […]