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23 Oct 2025 7:09
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     22 Oct: A financial commentator's urging the Government to stay the course on climate reporting rules - and not change them
     22 Oct: Air New Zealand says it now expects to make a first-half loss before tax, of about 30 to 55 million dollars
     21 Oct: The Labour Party is calling for a probe into the Public Service Commission's ads about Thursday's mega-strike action
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    Canterbury have made two changes to their starting side for Saturday's South Island showdown with Otago to decide the NPC season More...


    BUSINESS BUSINESS
    Fonterra's announced a 75-million-dollar investment to expand butter production at its South Canterbury Clandeboye site More...



     Today's News

    Politics:
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    Cricket:
    To a round up of international cricket overnight.. 7:07

    Entertainment:
    The Duffer Brothers insist Joseph Quinn won't be back for the Stranger Things finale 7:00

    Entertainment:
    Kenny Loggins has demanded Donald Trump "immediately remove" an AI video featuring his song Danger Zone 6:30

    Law and Order:
    The dead driver of a van that slammed into a forestry truck has had his name cleared 6:27

    Entertainment:
    Ryan Reynolds and Rob McElhenney are reportedly set to revive Wrexham Lager 6:00

    Accident and Emergency:
    Police say there are serious injuries after a two-vehicle crash has blocked State Highway One in both directions near Tokoroa in Bay of Plenty 21:57

    Politics:
    Union delegates have given rousing testimonies to their fellow members on the eve of tomorrow's mega-strike 21:37

    Entertainment:
    Katy Perry has liked an Instagram post poking fun at her romance with Canadian Prime Minister Justin Trudeau 21:30

    Environment:
    Damaging gales and heavy rain are expected to lash the lower North Island and most of the South Island tomorrow 21:17


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