Port Otago reports substantial profit
NewsPort Otago’s 2023/24 financial report reveals a 30% increase in net profit, reaching NZ$ 30.4 million (US$ 19 million), driven by four core business units.
New Zealand’s leading port, Auckland, has seen a fall in breakbulk volumes offset by a container throughput rise resulting in continuing overall growth in 2000/01. Total volumes (breakbulk and containers) increased from 12.8 mill tonnes in 1999-2000 to 13.3 mill tonnes in the latest 12 months.
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