Port of Auckland has released its half-year results reporting solid financial and operational performance across its key business segments and confirming it remains on track to meet full-year targets.
Revenue for the period reached NZD 204.3 million, an increase of NZD 8.8 million or 4.5 percent on the first half of FY25.
Underlying net profit after tax came in at NZD 53.8 million, up NZD 11.8 million or 28.1% on the comparable prior period.
The Port of Auckland Board declared an interim dividend of NZD 26 million to Auckland Council on the back of these results.
Volume growth was a primary driver of the improved performance. The Container Terminal averaged 16,800 TEU per week, contributing to total half-year throughput of close to 500,000 TEU.
Car import volumes rebounded strongly, rising 22 percent year-on-year, while bulk and breakbulk cargo reached 1.7 million tonnes and vehicle throughput totalled 100,000 units across the period.
Alongside revenue growth, the port maintained firm control over its cost base, with direct operating expenses down 3% on the same period last year.
CEO Roger Gray attributed the results to operational discipline and the safe management of higher cargo volumes, and pointed to emerging signs of broader economic strengthening in the Auckland region as a positive indicator for the second half of the financial year.
