Announcement
MKTUPDTE: SPN: South Port - Updated Profit Forecast
10:09am
SPN
22/07/2019 10:09
MKTUPDTE
PRICE SENSITIVE
REL: 1009 HRS South Port New Zealand Limited (NS)
MKTUPDTE: SPN: South Port - Updated Profit Forecast
22 July 2019
NZX ANNOUNCEMENT
South Port - Updated Profit Forecast
Strong late season cargo flows will result in South Port achieving a net
profit after tax for the year ended 30 June 2019 similar to the previous year
of $9.66M. This is a better than expected result with the Company advising
shareholders at the time of its interim report in February that it expected
its earnings to fall within the range of $8.6M to $8.9M.
The audited year end profit will be announced on 29 August 2019.
FOR FURTHER INFORMATION PLEASE CONTACT:
Mr Nigel Gear
Chief Executive
South Port New Zealand Ltd
Tel (03) 212 8159
For and on behalf of the Board of Directors
NIGEL GEAR
Chief Executive
22 July 2019
End CA:00337946 For:SPN Type:MKTUPDTE Time:2019-07-22 10:09:52
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