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

Tue, 18 Dec 2018

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...

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