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Mainfreight largely meeting investor expectations, according to expert

Author
Newstalk ZB,
Publish Date
Wed, 29 May 2024, 8:24pm
Mainfreight managing director Don Braid. Photo / Supplied
Mainfreight managing director Don Braid. Photo / Supplied

Mainfreight largely meeting investor expectations, according to expert

Author
Newstalk ZB,
Publish Date
Wed, 29 May 2024, 8:24pm

Global logistics company Mainfreight is still meeting investor expectations, despite suffering drops in profit.

It's been revealed the company posted a 33 per cent fall in profit before tax to $395.4 million for FY24.

Milford Asset Management's Sam Trethewey explains these figures further.

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