Port of Tauranga annual results gain
Wednesday 29 Aug 2018
New Zealand’s largest, fastest growing and most productive port saw container volumes increase 8.9% to nearly 1.2 million TEUs1, while overall cargo volumes increased 10.2% to almost 24.5 million tonnes.
> Log volumes increase 14.3% to 6.3 million tonnes
> Annual container throughput increases 8.9% to almost 1.2 million TEUs
> Transhipment increases 23.3%, making up a quarter of all container traffic
> Exports increase 8.2% to 15.4 million tonnes, while imports grow 13.7% to 9 million tonnes
> Group Net Profit After Tax increases 13.0% to $94.3 million
> Subsidiary and Associate earnings increase 11.9% to $16.4 million
> Annual revenue increases 10.9% to $283.7 million
See Annual Report media release attached.
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