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

Ports of Auckland profit plunges by 30%

No final dividend for port's owner, Auckland Council.

Rising operating costs and interest expenses have bitten into Ports of Auckland’s earnings, with net profit falling by 30% in its latest financial year.

While the port worked toward automating its Fergusson container terminal, its operations and space were constrained, and growth slipped.

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Graham Skellern Fri, 27 Sep 2019
Contact the Writer: graham@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Ports of Auckland profit plunges by 30%
General Business,
81033
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