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NZ Post first-half profit more than doubles to $60m

The SOE delivered nine parcels a second in the Christmas rush.

Andrew Bevin Mon, 21 Feb 2022

NZ Post’s first-half profit was up 122% as it doubled earnings from its parcel delivery business while letter deliveries continued to slump.

The state-owned enterprise generated a profit for the six months to December 31 of $60 million, compared with $27m in the previous first half.

The

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Andrew Bevin Mon, 21 Feb 2022
Contact the Writer: andrew@nbr.co.nz
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NZ Post first-half profit more than doubles to $60m
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