South Port at Bluff. Photo: suppliedSouth Port at Bluff has posted a revenue boost to almost $21 million for its half year trading, but repairs and maintenance costs saw its after-tax profit undermined. Revenue for the six months to December grew 7.4% to $20.9 million, while after-tax profit declined from last year's $4.9 million and fell about 7% to $4.55 million. South Port declared a fully imputed interim dividend of 7.5c per share, the same as last year. Chief executive Nigel Gear said revenue was up by 7.4% due to a favourable cargo mix, strong performance in the warehousing division and increased marine activity.

Source: Otago Daily Times February 11, 2019 22:07 UTC