BRIAN GAYNOR: Port companies – Tauranga trounces Auckland

Brian Gaynor
Thu, 27 Aug 2020

BRIAN GAYNOR: Port companies – Tauranga trounces Auckland
Brian Gaynor
Thu, 27 Aug 2020
In business numbers can tell the full story and this is clearly the situation when comparing Ports of Auckland with Port of Tauranga.The Bay of Plenty company is hammering its rival as its value has soared by $4.5 billion over the past 15 years as a listed company while an Auckland councillor claims that Ports of Auckland’s value has risen only $2 billion over the same period.Share market values – only one winnerPort of Tauranga listed on the sharemarket on May 5, 1992 after issuing shares to the public at $1.05 each. Its share pric...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets market close
NZ stock market finishes first half of 2022 down 18%
Dan Brunskill | Fri, 01 Jul 2022

One analyst said market participants will be glad to see the back of the turbulent second quarter.

Mitsi eclipses Toyota as logistics bites
Brent Melville | Fri, 01 Jul 2022

Toyota's Japanese competitor Mitsubishi Motors is narrowly ahead at the halfway stage of the year in New Zealand market share, largely driven by its PHEV sales.

Infrastructure Exclusive
New Christchurch stadium report raises 'critical issues', budget concerns
Oliver Lewis | Fri, 01 Jul 2022

The former project director's report, seen for the first time, raises numerous issues, including budget concerns.

Digital innovation could shape the future of NZ

The digital age allows us to collaborate on some of our greatest scientific and environmental challenges

Investments to sustain the momentum of building in NZ

Classic Capital has opened its Land & Build fund to qualified wholesale and eligible investors.