Port of Tauranga shares jump after material profit increase
Port of Tauranga is taking the lion's share of increasing trade.
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Port of Tauranga beat its own guidance in lifting annual net profit 8% and its shares rose as much as 4.3% after the results were released.
The port reported an $83.4 million net profit for the year ended June compared with its guidance of between $79-83 million.
The profit increase is the
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Jenny Ruth
Fri, 25 Aug 2017
Fri, 25 Aug 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Port of Tauranga shares jump after material profit increase
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