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Fewer cars, not ships, are the main drag on CentrePort's annual revenue, with a slow second half pointing to a tough year ahead, the Dominion Post reported.
The port posted a US$8.2 million profit before tax for the year to June, in line with the previous year.
Overall container revenue was up by three percent, mainly due to strength in the first half, which showed increases of 10 percent.
Chief executive Blair O'Keeffe said the year's trading conditions had been tough and the worst statistic was for vehicle imports, where revenues had dropped by 44 percent for the year. "It is a valuable part of our business."
There was little to suggest the volume of cars coming through the wharf would increase over the next year, he said.
Cargonews Asia
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