Channel Infrastructure eyes return to dividends next year
In first half-year results after converting to a fuel import terminal, company sees positive outlook.
The fuel tanker STI Lily berthed at Marsden Pt on Wednesday, the largest refined product ship ever to visit New Zealand.
Fuel terminal operator Channel Infrastructure has forecast the return of dividends next year with profits tracking to the top end of guidance as it reports its first results after closing refinery operations.
Net profit for the six months to June was $17.2 million, including $11.6m of profit from
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