Port of Tauranga Limited has reported an 8.7% increase in Group Net Profit After Tax of $111.3 million for the year to 30 June 2022, despite ongoing supply chain disruption.
Total trade was steady at 25.6 million tonnes, container volumes increased 3.4% and imports increased 3.0%.
The Port also reported a final dividend of 8.2 cents per share, and a total ordinary dividend of 14.7 cents per share.
Despite these positive financial results, supply chain disruption continues to affect the port’s ability to deliver efficient service and a resource consent for the berth extension is still pending.
Port of Tauranga continues to seek a solution to the supply chain disruption and is developing the Ruakura Inland Port in Hamilton, due to open in late 2022.
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