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.
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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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