Port of Auckland: financial rebound in 2023
Port of Auckland has announced robust financial results, marked by substantial recovery and a near doubling of dividends to be paid to Auckland council.
The directors have declared a final dividend of NZD 15.0 million for the year, totalling NZD 30.0 million, a rise of NZD 15.8 million from the previous year. Highlights include a net profit after tax of NZD 40.5 million, a significant increase from last year, and increased revenue of USD 320.2 million.
Net debt levels were reduced from NZD 449.9 million to NZD 407.5 million. Successful initiatives encompassed dynamic rostering, collaboration for New Zealand's first stevedoring code of practice, and resolving a dredging dispute.
The port is embracing sustainability and community engagement, as part of the "regaining our mana" strategy. CEO Roger Gray expressed gratitude to the dedicated team for the turnaround and positive outcomes achieved. (pb)