Napier Port takes a big bite as Hawke’s Bay bears fruit

Napier Port takes a big bite as Hawke’s Bay bears fruit
Napier Port has been listed on the NZX since 2019. (Image: Napier Port)
Riley Kennedy
When Hawke’s Bay does well so does Napier Port.That's a saying chief executive Todd Dawson often uses and its full-year results appear to reflect that.The NZX-listed port company reported net profit after tax of $30.9 million in the 12 months to September, with revenue up 11.6% to $157.7m.Result from operating activities increased by 23.5% to $64.2m, benefiting from ongoing cost control, yield management and strong operating leverage.The port’s container volumes increased 9.1% to 250,000 TEU, as Pan Pac’s return to full op...

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