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.
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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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