CORRECT: CentrePort returns to profit on increased log shipments, container volumes

Tue, 29 Sep 2015

(corrects company name in headline) By Suze Metherell Sept. 30 (BusinessDesk) - CentrePort, Wellington's port operator, returned to profit as increased log shipments and container volumes helped it recover from an earthquake-affected result in 2014. Net profit rose to $14 million in the 12 months ended June 30, turning around a loss of $1.9 million in the earlier year when CentrePort incurred costs for the July 2013 earthquakes, which damaged the port, the Wellington-based company said in a statement. Revenue increased 9 percent to...

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