Napier Port has reported strong growth in revenue and operating earnings for the six months to the end of March 2023, with revenue rising 22.8% to $62.3 million from $50.7 million in the same period last year.
Underlying net profit after tax increased 3.9% to $7.5 million from $7.2 million in the same period last year.
However, the trade impact of Cyclone Gabrielle on full year trade volumes remains uncertain and the Board has resolved to pay a fully imputed interim dividend of 1.7 cents per share, reduced from the interim dividend in the prior year of 2.8 cents per share.
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