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29 Mar 2024 15:31
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  •   Home > News > Business

    Ports of Auckland is optimistic about the second half of the financial year, despite dismal first half results

    Ports of Auckland is optimistic about the second half of the financial year, despite dismal first half results


    The company's had a 20.8 percent drop in net after tax profit to 13.6 million dollars for the six months to December.

    CEO Tony Gibson says Covid-19 means goods are being delayed in other ports, like Los Angeles.

    But he says in Auckland ships are arriving closer to their original estimated arrival time.

    Gibson says once vessels have docked, the port clears goods very quickly - on average in about two days.

    © 2024 Newstalk ZB, NZCity

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    Innovative New Zealand apple producing company Rockit is focussing on its international expansion More...



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