Auckland International Airport said Covid-19 travel restrictions were responsible for an 80.9 per cent decline in its net profit to $28.1 million for the six months to December 31.
The company, in its earnings outlook for the full year to June 30, said it expects to report a net loss of between $35m and $55m.
Revenue for the six months fell by 64.9 per cent to $131.5m and its operating profit dropped by 68.4 per cent to $88.2m.
The company's earnings per share fell by 84.1 per cent to 1.91 cents.
Auckland Airport said its net underlying loss for the half came to $10.5m.
CEO of Auckland Airport Carrie Hurihanganui joined Heather du Plessis-Allan Drive to discuss its decline in profit.
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