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22 Nov 2024 9:04
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  •   Home > News > Business

    Port users shifting from Tauranga to Auckland has helped Port of Auckland to an underlying net profit after tax of 21.2 million dollars

    Port users shifting from Tauranga to Auckland has helped Port of Auckland to an underlying net profit after tax of 21.2 million dollars


    It's up 400-thousand dollars year-on-year, despite a 15 million dollar reduction in cargo holding revenue.

    CEO Roger Gray says they'll pay a 20-million dollar dividend to shareholder Auckland Council.

    He says at this stage they're confident of delivering a full year result of 52-million dollar net profit after tax - and at least a dividend of another 15 million dollars to the city.

    © 2024 Newstalk ZB, NZCity

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     Today's News

    International:
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    Entertainment:
    Denzel Washington "doesn't have a lot of friends" in Hollywood 8:39

    Business:
    One mayor says the government's decision to lift the debt cap for fast-growing councils will make a material difference 8:37

    Business:
    The Tall Blacks are lamenting an opportunity lost in a 93-89 defeat to the Philippines in Manila as part of their Asia Cup basketball qualifying campaign 8:37

    International:
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    Health & Safety:
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