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Ports of Auckland addresses critics as first-half profit falls

The port expects a return on equity of less than 2.8% in the full financial year.

Andrew Bevin Fri, 05 Mar 2021

Congestion and pandemic issues have pushed Ports of Auckland’s first-half profit down 21% as it struggles to get operating capacity back up to scratch.

Profit for the six months to December 31 at the Auckland council-owned port was $13.6 million, compared with $17.2m in the previous first

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Andrew Bevin Fri, 05 Mar 2021
Contact the Writer: andrew@nbr.co.nz
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Ports of Auckland addresses critics as first-half profit falls
General Business,
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