Port of Tauranga Ltd’s shares rose 30 cents to $6.85 after the company increased its annual profit guidance and outlined how the Government’s budget will affect its accounts. The company is signalling a $49 million to $50m normalised net profit after tax in the year to June 30. It had previously said the result was likely to be similar to last year’s $45.2m profit. The company said the current consensus among analysts was a $47m profit.
Green Marine
about 16 years ago
Port of Tauranga ups profit guidance, share price rises
Port of Tauranga Ltd’s shares rose 30 cents to $6.85 after the company increased its annual profit guidance and outlined how the Government’s budget will affect its accounts. The company is signalling a $49 million to $50m normalised net profit after tax in the year to June 30. It had previously sai
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