POT’s Full Year Results Impacted by COVID-19 Pandemic

For the full year ended 30 June 2020, Port of Tauranga Limited (NZX:POT) reported Group Net Profit After Tax of $90.0 million on 24.8 million tonnes of trade. Despite the ongoing interference caused by the Covid-19, container volumes grew by 1.5% to 1,251,741 TEUs.

Other key highlights:

  • Annual revenue stood at $302.0 million and the company declared final dividend of 6.4 cents per share;
  • Imports decreased by 7.8% to 9.0 million tonnes and exports decreased by 8.0% to 15.8 million tonnes.

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