23 Feb 2016

Centreport's half year profit rises

2:44 pm on 23 February 2016

] Wellington's Centreport has reported a rise in half-year profit.

Wellington port; Wellington City

Wellington's port company has announced a $4.6m half-year profit. Photo: RNZ / Alexander Robertson

Net profit after tax for the six months to December was $4.6 million, compared with $3.1 million in the same period the previous year.

Key features of the result were a 3 percent rise in revenue, an 18 percent rise in container volumes and a 12 percent rise in log volumes.

Chief executive Derek Nind said the company had worked on increasing volumes through the port.

"We've really focused on our customers and growing the volume from our hinterland into the port, both in predominantly containers and in logs, and looked at other ways to improve our performance."

He said any lingering impact of from Wellington's 2013 earthquake, when a 15 square metre of sea wall and road at the port slumped into the sea, had been put behind the company.

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