Results announcements
Port of Tauranga returns strong first half performance and lifts profit guidance
Port of Tauranga Limited delivered a strong performance for the six months ended 31 December 2024, with Group Net Profit After Tax of $60.2 million – a 27.4% increase on the same period last year. Earnings and trade volumes recovered well after a particularly challenging start to the previous 2024 financial year. Total trade volumes […]
Port of Tauranga releases first Climate-related Disclosures report
Port of Tauranga today published its first report under the new Climate-related Disclosures regime. The statement describes Port of Tauranga’s governance, risk management processes, climate-related risks and opportunities, as well as its greenhouse gas emissions. About 170 of New Zealand’s biggest companies are required to produce this annual climate statement. The goal of mandatory climate-related […]
Port of Tauranga shows resilience amid economic and supply chain challenges
Financial results for the year ended 30 June 2024 Port of Tauranga Limited (NZX:POT) today reported improved cargo volumes in the second half of the financial year, as New Zealand’s largest port again proved its resilience in the face of economic headwinds. Amid significant domestic and international supply chain challenges, total cargo volumes for the […]
Port of Tauranga reports $47.2 million profit amid challenging trading conditions
Port of Tauranga Limited (NZX: POT) today reported a $47.2 million profit for the six months ended December 2023. Earnings were impacted by lower overall trade volumes, especially in imported and transhipped containers, and higher operating costs, including rail charges. Total trade volumes reduced 8.5% compared with the first half of the 2023 financial year, […]
