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Softer demand and rising costs weigh down South Port's HY profit

The NZX-listed, Bluff-based port company has reported a net profit of $5.2 million for the six months ended December.

South Port in Bluff.

NBR Staff Tue, 07 Mar 2023

A slowdown in the Chinese property market and challenging domestic economic conditions have combined to take a bite out of South Port’s half year profit.

The NZX-listed, Bluff-based port company has reported a net profit of $5.2 million for the six months ended December, compared with $5.9m a year

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NBR Staff Tue, 07 Mar 2023
Contact the Writer: editor@nbr.co.nz
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Softer demand and rising costs weigh down South Port's HY profit
Investment,
98058
true