Results announcements
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 […]
Port of Tauranga Hub Port Role Intensifies
FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2017 Port of Tauranga continues to grow as an international hub port, resulting in increased trade volumes and profits for the first half of the 2018 financial year. Highlights Revenue for the six months to 31 December 2017 increased 12.8% to $141.4 million and net profit […]
Port of Tauranga Sees Strong Quarterly Growth on Back of Increase in Trade
Port of Tauranga today reported first quarter trade volume growth of 15% on the previous corresponding period. Overall container numbers grew 26%, due to a significant increase in transhipment (containers transferred from one ship to another at Tauranga) in the three months to 30 September 2017. Log volumes increased by 13% compared with the same […]
A Year of Records for Port of Tauranga
FINANCIAL RESULTS FOR THE YEAR TO 30 JUNE 2017 Port of Tauranga is confirmed as New Zealand’s largest, fastest growing and most productive port as container volumes increase 13.8% to a record of nearly 1.1 million TEU[1]; ships with a capacity of between 7,500 and 11,500 TEUs calling weekly following channel deepening Highlights: Annual container […]
Port of Tauranga On Track for One Million Containers (TEUs)
FINANCIAL RESULTS FOR THE SIX MONTHS TO 31 DECEMBER 2016 Half year net profit rises to $41.9 million from $38.6 million as the country’s premier freight gateway benefits from rising cargo volumes and continues to set standards for port productivity Highlights: Revenue for the six months to 31 December 2016 rises 2.8% to $125.3 million […]
Port of Tauranga Completes Major Five Year Expansion Programme & Targets $140 Million Capital Return to Shareholders
FINANCIAL RESULTS FOR THE YEAR TO 30 JUNE 2016 Strong container volumes offset a fall in log exports Highlights: Net Profit After Tax down 2.4% to $77.3 million following increase in depreciation charges and downturn in log volumes Parent EBITDA rises 2.2% to $125.7 million as strong growth in container traffic offsets a decline in […]
