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Green Marine

about 16 years ago

Port of Tauranga forecasts rise in annual earnings

Port of Tauranga expects annual earnings this year to meet analyst forecasts of between $51 million and $53m, an increase on last year in part due to rising container trade. During the first three months of the current financial year, the port saw a 10 percent increase in trade, a 25 percent increas

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Port of Tauranga expects annual earnings this year to meet analyst forecasts of between $51 million and $53m, an increase on last year in part due to rising container trade. During the first three months of the current financial year, the port saw a 10 percent increase in trade, a 25 percent increase in containers and net profit after tax up 10 percent, chief executive Mark Cairns said.

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