Napier Port guidance up on solid fruit and fibre exports

Fri, 16 Apr 2021

Napier Port, the country's fourth-largest port by cargo volume, says its operational income will range between $39 million and $42m for the year to September 2021, on the strength of strong primary sector exports.That's up on its November 2020 guidance of between $34m-$38m, supported by an increase of 17.1% in bulk cargo volumes to 1.87 million tonnes, including continued strong log export volumes that increased 41.8% during the past quarter alone. In its latest market update, it said its core operating earnings for the half-year t...

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