Napier Port profit hits record as it handles record 5.1M tonnes of cargo

Napier Port profit hits record as it handles record 5.1M tonnes of cargo
Rebecca Howard
By Rebecca Howard Dec. 18 (BusinessDesk) - Napier Port reported another record profit this year as the amount of cargo handled also hit a record.  Net profit lifted 5.4 percent to $17.6 million in the year ended Sept. 30 on a 5 .8 percent increase in revenue to $91.7 million, its annual report shows. The port handled a record 5.1 million tonnes of cargo, with log exports lifting 35 percent to a record 2.2 million tonnes. A total of 266,006 containers or twenty-foot equivalent units passed through the port’s container terminal, and the...