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18 Apr 2024 16:49
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  •   Home > News > Business

    New Zealand Post's profits have dipped -- despite a record-breaking year for parcel deliveries

    New Zealand Post's profits have dipped -- despite a record-breaking year for parcel deliveries


     
     
    The state-owned delivery company delivered more parcels than ever before due to the increasing trend of New Zealanders shopping online during the Covid pandemic.

    Net profit after tax reached 27-million dollars, in the six months to December.

    That's down from 31-million dollars, for the same period in 2019.

    New Zealand Post says despite the rise of postal voting in the election, revenue of letter deliveries is continuing to fall.

    © 2024 Newstalk ZB, NZCity

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