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| Business News | Friday July 6 2012 11:36
Bluff port operator South Port NZ Ltd has revised its profit expectations, following a record annual tonnage through the port in the year to June.
It's now expecting profit to be in the range of $5.8 million to $6 million.
That's including a one-off gain of $270,000 through the sale of a surplus mobile container crane.
Chairman Rex Chapman says the lift in profitability is due to increased volumes of wood chips, fertiliser, petroleum and stock food cargo passing through South Port and improved warehousing contributions.
Photo: stock.xchng
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