14 Feb 2014

South Port profit falls 7.5%

7:13 am on 14 February 2014

South Port's profit fell 7.5 percent to nearly $2.7 million for the six months to the end of December.

The Bluff port says lower returns from its warehousing operations offset increased cargo volumes.

South Port estimates that its full year earnings should fall in the range of $5.8 million to $6 million.