Results announcements
Port of Tauranga Reports Strong Mid-Year Results
Port of Tauranga Limited (NZX:POT) today reported strong financial results for the first six months of the 2023 financial year, despite decreases in some cargo volumes. Group Net Profit for the six months to December 2022 was $62.7 million, an increase of 11.3% from the same period last year. Total cargo volumes decreased 2.5% to […]
Port of Tauranga announces annual results as congestion lingers
Financial results for the year to 30 June 2022 Port of Tauranga, New Zealand’s largest port, today reported Group Net Profit After Tax of $111.3 million on 25.6 million tonnes of trade amid ongoing supply chain disruption. The increase in revenue reflected the strong diversity of cargoes, resilient operational performance and ongoing storage revenues due […]
Port of Tauranga improves performance as Covid disruption continues
Port of Tauranga Limited (NZX:POT) today reported an increase in profits for the first six months of the 2022 financial year as it deals with ongoing cargo volume volatility. Group Net Profit After Tax for the six months to December 2021 was $56.3 million, a 15.6%[1] increase on the same period the previous year, as cargo […]
Port of Tauranga sees strong growth in first quarter despite Covid disruption
Port of Tauranga, New Zealand’s largest port, today reported a 6.9% increase in total trade to 6.8 million tonnes in the first quarter of the 2022 financial year. Exports increased 5.3% to 4.3 million tonnes and imports increased 9.8% to 2.5 million tonnes. Container volumes increased 8.1% to 310,997 TEUs[1]. Log export volumes increased 2.4% […]
Port of Tauranga result boosted by increased trade volumes and strong Subsidiary and Associate earnings
Financial results for the year to 30 June 2021 Port of Tauranga, New Zealand’s largest port, today reported Group Net Profit After Tax of $102.4 million, a 15.4% increase, on 25.7 million tonnes of trade. A 14.3% increase in log exports and a 46.0% increase in Subsidiary and Associate Company earnings were balanced by increased […]
