Port of Tauranga's profit falls on low log volumes
Does the special dividend compensate for below-average earnings? With special feature audio.
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Hawke’s Bay
Port of Tauranga’s annual profit fell 2.4% after more depreciation charges and a downturn in log volumes, despite increased container volumes.
The port’s net profit after tax for the year to June 30 was $77.3 million, down from $79.1 million a year earlier while operating revenue fell to $245.5
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Calida Smylie
Thu, 18 Aug 2016
Thu, 18 Aug 2016
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Port of Tauranga's profit falls on low log volumes
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