6 May 2013

Lyttelton Port increases profit forecast

8:14 am on 6 May 2013

Lyttelton Port has increased its full year profit forecast due to record numbers of containers passing through its yards.

The port is forecasting a revised earthquake-adjusted profit in the range of $15 million - $16 million for the year to the end of June, up from its initial prediction in February of $13 million - $15 million.

The company says it has handled almost 35,000 containers, experienced consistent growth across its other trades and attracted two new bulk break cargo services.