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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

Napier Port meets IPO forecast despite Covid disruption

The port identified labour shortages and supply chain congestion as future risks.

Andrew Bevin Wed, 18 Nov 2020

NZX-listed Napier Port has hit a solid full-year profit in line with its IPO forecast despite the challenges thrown by Covid-19.

The port posted a profit for the financial year to September 30 of $22 million, up from just $6.85m in 2019. The 2019 result was heavily skewed by IPO costs which,

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Andrew Bevin Wed, 18 Nov 2020
Contact the Writer: andrew@nbr.co.nz
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Napier Port meets IPO forecast despite Covid disruption
General Business,
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