Subscribe to RSS feedNZ’s top two bounce back
ANNUAL results for the ports of Auckland and Tauranga show both are rebounding from the adverse effects of the global financial crisis on the New Zealand economy – but both port companies remain cautious about the future.
Ports of Auckland last week announced a net profit after tax of NZ$37.2m for the financial year ended 30 June 2010, compared to NZ$5.4m in the previous financial year. Normalised earnings after taxation were $24.4m, up 55% (2008/09: NZ$15.7m). If you are already a subscriber, please sign in below. If you're not a subscriber and would like to experience the full benefits of Lloyd's List DCN with a 14 day trial, please click here. Alternatively, click here to subscribe.
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