28 Aug 2009

Cargo volumes down 3% at Port Lyttelton

5:09 am on 28 August 2009

Port Lyttelton has recorded a slight fall in profit, falling 3% to $10.1 million in the year to June.

That includes $590,000 in costs for ongoing merger talks with Port Otago.

The volume of cargo fell 3%, due to fewer cars and dry bulk goods, which offset a rise in containers, particularly in dairy exports.

A dividend of 3.4 cents per share has been declared.