"Very positive": Port of Auckland sees record profits as container volumes grow
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Strong results from the Port of Auckland.
They reported a 30% increase in underlying profit from last year, rising to a record $111.2 million, and a revenue of $403.8 million.
Container volumes rose by 5.5%, cars rose 17.7%, and containers moved by rail surged 76%.
As a result, the Port will pay a $55 million dividend to Auckland Council, an increase of $3 million.
CEO Roger Gray told Mike Hosking they're proud to be supporting Auckland as it continues to grow.
He says in August alone they've seen 25,000 cars arrive through the Port, and the cruise season is starting on Saturday – both of which are very positive.
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