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30 Apr 2024 8:39
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  •   Home > News > Business

    A mixed bag in the Lyttelton Port Company's latest interim results

    A mixed bag in the Lyttelton Port Company's latest interim results


    Its operating revenue is up 2.3 percent to 93-million dollars for the six months to January -- although that's still well behind forecasts.

    Net profit after tax for the same period was just over eight-million dollars, down 33-percent on the year prior.

    Chief Executive, Graeme Sumner says it reflects a downturn in market conditions.

    He says that includes drops in imported and transshipped containers, due to lower consumer demand -- and higher operating costs.

    © 2024 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Qatar want to host the finals weekend of rugby's new Nations Championship from 2026 and have put up commercial returns of 1.6 billion New Zealand dollars as part of their pitch More...


    BUSINESS BUSINESS
    Qatar want to host the finals weekend of rugby's new Nations Championship from 2026 and have put up commercial returns of 1.6 billion New Zealand dollars as part of their pitch More...



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