Brief: South Port New Zealand Says Challenging Market Conditions Impact Result

South Port New Zealand

16/02/2024 01:16

Feb 16 (Reuters) - South Port New Zealand Ltd  SPN.NZ :
    * CHALLENGING MARKET CONDITIONS IMPACT SOUTH PORT'S RESULT
    * GLOBAL EVENTS CONTINUE TO CREATE UNCERTAINTY AND PROVIDE
CHALLENGES TO OUR BUSINESS OPERATIONS
    * ESTIMATES FULL-YEAR EARNINGS SHOULD BE IN RANGE OF NZ$7.3
MILLION TO NZ$8.0 MILLION
    * INTERIM DIVIDEND OF 7.50 NZ CENTS PER SHARE
    * NET PROFIT AFTER TAX FOR FIRST SIX MONTHS NZ$3.0 MILLION
VERSUS
NZ$5.2 MILLION
    * TOTAL CARGO ACTIVITY WAS 1.49 MILLION TONNES IN HY
    * HY REVENUE FROM CONTINUING OPERATIONS NZ$25.4 MILLION, UP
0.6%

Source text for Eikon:  ID:n426328-5 
Further company coverage:  SPN.NZ 

 ((Reuters.Briefs@thomsonreuters.com;))