Auckland Airport lifts 1H profit 12 percent, hikes FY forecast

Wed, 19 Feb 2014

By Paul McBeth Feb. 20 (BusinessDesk) - Auckland International Airport, the country’s main gateway, boosted first-half profit 12 percent as new routes and increased capacity stoked passenger activity, and the hub is now expecting bigger annual earnings as a result. Net profit rose to $85.9 million, or 6.49 cents per share, in the six months ended Dec. 31 from $76.9 million, or 5.82 cents, a year earlier, the Auckland-based company said in a statement. The earnings were in line with a forecast by First NZ Capital. Underlying earnings, whic...

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