Profit up 59% at Bluebridge ferry owner
Financial statements show strong result for StraitNZ Holdings despite shaky start for its latest ferry purchase.
The Connemara arriving in Wellington on January 29 this year.
Private equity-owned shipping and logistics company StraitNZ, operator of the Bluebridge Cook Strait ferries, has reported net profit up 59% for the year to March.
Financial statements filed to the Companies Office for StraitNZ Holdings show net profit of $27.3 million for the year, up from $17.1m
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