Wellington Airport returns to profit on higher revenue
The previous year's loss was to due removal of tax depreciation on commercial buildings.
Wellington Airport from the air.
Wellington Airport returned to profit in the year to March 31 after a loss in the previous year due to a hefty one-off bite of $43 million from the Government’s removal of tax depreciation on commercial buildings.
The after-tax profit of $25.8m compared with a loss of $28.8m. In the 2023 financial
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