Port of Tauranga 1st-qtr cargo down 5%

Gavin Evans
Fri, 30 Oct 2020

Gavin Evans
Fri, 30 Oct 2020
Port of Tauranga said net profit for the September quarter fell slightly as cargo handled slid 5 percent to just under 6.4 million tonnes.The country's largest port said unaudited net profit fell to $21.5 million for the three months, down from $21.7 million a year earlier.Given that performance for the first quarter of the company’s financial year, and the ongoing impact of the pandemic on the global economy, chief executive Mark Cairns said full-year earnings of between $86 million and $93 million were expected.The firm’s shar...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

NZ shares decline as A2 Milk pulls back
Dan Brunskill | Mon, 21 Jun 2021

A2 Milk and Pushpay gave back much of the gains they won when the S&P and FTSE Russell indices were rebalanced on Friday.

Law & Regulation
David Henry entities given liquidation lifeline
Chris Holden | Mon, 21 Jun 2021

Businessman David Henry's lawyer says it is 'more likely than not' agreement with a party with name suppression will be reached, ensuring payment to creditors.

Law & Regulation
Van Heeren's high life a 'travesty' - Kidd's estate wants more
Victoria Young | Mon, 21 Jun 2021

High Court values partnership at US$50 million in long-awaited ruling.

Centuria provides new opportunities for industrial property investors

Centuria Capital is embarking on its second capital raising since merging with Augusta Capital in 2020.

Innovating kiwi food production to sustain global communities

New Zealand farmers have the opportunity to contribute to sustainably feeding global communities while producing fewer carbon emissions.