Ports of Auckland are reporting a half-year profit of $20.8 million and an interim dividend of $15 million.
A turnaround in container traffic and higher prices have contributed to these improved earnings, compared to $14.8 million from the year before.
Ports of Auckland CEO Roger Gray forecasts that they'll meet mayor Wayne Brown's expectation of a $30m dividend within the year.
Roger Grey says mayor Wayne Brown 'couldn't complain' that the Ports were bringing in more money.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
24/7 News: The Latest
The latest news in 4 minutes updated every hour, every day.
Therapy Gecko
An unlicensed lizard psychologist travels the universe talking to strangers about absolutely nothing. TO CALL THE GECKO: follow me on https://www.twitch.tv/lyleforever to get a notification for when I am taking calls. I am usually live Mondays, Wednesdays, and Fridays but lately a lot of other times too. I am a gecko.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.