South Port posts another record profit, raises dividend

South Port posts another record profit, raises dividend
Paul McBeth
By Paul McBeth Aug. 18 (BusinessDesk) - South Port New Zealand posted another record annual profit as extra dairy storage helped drive the volume of exports through the maritime hub in Bluff, with a bigger dividend declared.  Net profit rose to $8.7 million, or 33.2 cents per share, in the 12 months ended June 30, from $7.7 million, or 29.5 cents, a year earlier, the company said in a statement. Revenue rose 6.7 percent to $36.9 million with a 7 percent increase in bulk cargo to 187,000 tonnes, with gains in shipments of logs and woodchip...