Subscribe to RSS feedSydney Ports profit crunched despite record exports
by
samc
—
last modified
Dec 11, 2009 11:16 AM
Despite a pre-tax profit drop of almost 40%, Sydney Ports Corporation has bucked the global trend, setting a record for full containerised exports.
The port corporation's annual report shows Port Botany exported 442,000 teu of full containers for the financial year, up almost 15% on a year earlier.
Total throughput fell 4.9% to 27.8m tonnes, attributable to the shift of vehicle imports to Port...
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