Results announcements
Port of Tauranga reports improved profits despite widespread disruption to cargo volumes and operations
Port seeks consent for an additional berth to help alleviate Upper North Island supply chain congestion Port of Tauranga, New Zealand’s largest port and international freight gateway, today reported increased profitability for the first six months of the 2021 financial year, despite volatile cargo volumes and congestion issues being experienced at Ports of Auckland. Group Net […]
First Quarter Cargo Volumes Impacted by Covid-19
Port of Tauranga, New Zealand’s international hub port, today reported flat earnings in the first quarter of the financial year, as Covid-19 continues to have an impact on supply chain efficiency and the global economy. From 1 July 2020 to 30 September 2020, Port of Tauranga handled nearly 6.4 million tonnes of cargo, a 5% […]
Port of Tauranga Offers Safe Harbour in a Global Covid-19 Storm
Financial results for the year to 30 June 2020 Port of Tauranga, New Zealand’s largest port, today reported Group Net Profit After Tax of $90.0 million on 24.8 million tonnes of trade. Despite the ongoing disruption caused by the Covid-19 global pandemic, container volumes increased 1.5% to 1,251,741 TEUs[1] for the year ended 30 June 2020. […]
Container Volumes Continue to Grow at New Zealand’s International Hub Port
Profits hold steady and cargo growth still expected long-term Port of Tauranga today announced stable profitability for the first six months of the 2020 financial year, despite total cargo volumes dipping 4.2% to just under 13.3 million tonnes. Group Net Profit After Tax was $48.3 million, which was 1.4% lower than the same period the […]
Cargo volumes flat at Port of Tauranga in first quarter of financial year
Port of Tauranga, New Zealand’s international hub port, today reported a slight decrease in cargo volumes for the first quarter of the 2020 financial year. From 1 July 2019 to 30 September 2019, Port of Tauranga handled nearly 6.8 million tonnes of cargo, a 1.1% decrease on the same period last year. Log exports dropped […]
Growth in Cargo Volumes Contributes to Increased Profit for Port of Tauranga Limited
FINANCIAL RESULTS FOR THE YEAR TO 30 JUNE 2019 Port of Tauranga, New Zealand’s largest port, today reported record cargo volumes and increased profits for the year to 30 June 2019. Port of Tauranga continues to consolidate its position as New Zealand’s international hub port, with transhipment increasing 11.2%. The Port handled more than 26.9 […]
