Napier Port reports strong earnings, increased dividends

Napier Port has reported strong earnings growth and an uplift in dividends for the 2025 financial year.

Revenue increased by 11.6% to $157.7 million, driven by higher container services volume and yield improvements.

The company's underlying net profit after tax rose 36.5% to $28.3m, while the reported net profit after tax increased 24.4% to $30.9m.

Napier Port's board declared a fully imputed final dividend of 8 cents per share, bringing the total dividends for the 2025 financial year to 14.5 cents per share, up from 9 cents in the previous year.

The company said it is well positioned for further growth and provided earnings guidance for the 2026 financial year, with an underlying result from operating activities expected to be between $70m and $74m.