Results announcements
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, […]
Port of Tauranga improves financial performance as cargo volumes slow
Financial results for the year ended 30 June 2023 Port of Tauranga Limited (NZX:POT), New Zealand’s largest port, today reported a sound full year result, despite cargo volumes decreasing in the second half of the year. The company reported Group Net Profit After Tax of $117.1 million, a 5.2% increase on the previous year. Total […]