28 Aug 2010

Higher surplus reported by Northland Port

5:59 am on 28 August 2010

Northland Port Corporation made a surplus of $3.1 million in the year to the end of June, up more than 15% from the previous year.

Revenue rose more than nine percent to $5.2 million.

Chairman Geoff Vazey says the improved surplus is mainly due to an improved result of an associate company, Northport.

The port company will pay a final dividend of 5.3 cents per share.