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Tauranga

Port of Tauranga underlying full year profit up 9.3 pct

Port of Tauranga underlying full year profit up 9.3 pct
Wellington, Aug 19 NZPA - Port of Tauranga reported strong rises in forestry-related exports and in imports of grain and dairy food supplements as it lifted full year underlying earnings after tax 9.3 percent to $49.4m.

Tauranga Port Paying $15m For Transport Firm

Tauranga Port Paying $15m For Transport Firm
Wellington, March 18 NZPA - Port of Tauranga is paying $15 million for all of Tapper Transport, with the main aim of increasing business through the port's inland Auckland facility MetroPort. The agreement includes a two-year earn out provision, with a maximum payment of $4m.

Tauranga Port Half Year Net Profit Up 2 Pct

Tauranga Port Half Year Net Profit Up 2 Pct
Wellington, Feb 25 NZPA - Port of Tauranga lifted half year net profit 2 percent on a year earlier to $23.1 million, although tonnage through the port fell 5 percent to 6.5 million tonnes.

NZ Sharemarket Shrugs Off Early Weakness To Close Up

NZ Sharemarket Shrugs Off Early Weakness To Close Up
Wellington, Feb 24 NZPA - The New Zealand sharemarket managed to turn around a weak start on the back of a weak US market to close higher on a day in which profit results were mixed.

Property Values Up On A Year Ago, QV Figures Show

Property Values Up On A Year Ago, QV Figures Show
Wellington, Nov 8 NZPA - For the first time in 16 months residential property values are higher than they were a year earlier, QV figures show. A continued shortage of properties for sale is thought to be continuing to push up prices being paid.

Proposal To Merge Auckland, Tauranga Container Biz Flounders

Proposal To Merge Auckland, Tauranga Container Biz Flounders
Wellington, Feb 26 NZPA - A proposal to merge the container businesses of Ports of Auckland and Port of Tauranga has foundered.

Property Market Quiet And Prices Still Down

Property Market Quiet And Prices Still Down
Wellington, Nov 9 NZPA - Residential property prices fell 1 percent in October, taking the annual decline to 6.8 percent, according to QV Valuations.

Where To Now, Asks Northland's Port

Where To Now, Asks Northland's Port
Wellington, Oct 31 NZPA - Northland Port Corporation (NPC) is considering selling its 50 percent interest in Northport, the operator of the port at Marsden Point in Northland.

Auckland Port Appoints Adviser For Tauranga Container Bid

Wellington, Sept 10 NZPA - Ports of Auckland has appointed investment bank Cameron Partners as its financial adviser for a plan to make a takeover offer for Port of Tauranga's container business.

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