NZ's Channel Infrastructure rises after strong operational update

Channel Infrastructure NZ

15/01/2025 03:15

** Shares of Channel Infrastructure  CHI.NZ  pares gain to rise
0.5% to NZ$1.93, after rising as much as 1% earlier in the day
to hit their highest since Nov. 21, 2019
    ** Fuel importer and distributor posts FY24 overall
throughput 3% above FY23 throughput and 95% higher than 2019
throughput
    ** Q4 throughput increases 1% from last year; posts Q4
actual jet fuel throughput 3% higher than last year
    ** Stock rose 31.3% in 2024

(Reporting by John Biju in Bengaluru)
((mailto:John.Biju@thomsonreuters.com;))