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"Win-win": Port of Auckland's profits surge, increases council dividend

Author
Newstalk ZB,
Publish Date
Wed, 26 Feb 2025, 9:53am
Photo / NZ Herald
Photo / NZ Herald

"Win-win": Port of Auckland's profits surge, increases council dividend

Author
Newstalk ZB,
Publish Date
Wed, 26 Feb 2025, 9:53am

It’s been a good six months for the Port of Auckland. 

It’s doubled its half-year profit and will deliver a 20% increase in its dividend to Auckland Council. 

Car and structure steel imports are down, but bulk cargo levels are rising. 

Chief Executive Roger Gray told Mike Hosking that's partly due to one-off events, like Genesis rebuilding the coal stockpile for its Huntly power station. 

He says their operational performance is also increasing, which is attracting more customers. 

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