Napier Port Holdings Limited Analysis

Overview

Napier Port has been serving Hawke's Bay and surrounding regions for nearly 150 years. As the fourth largest port in New Zealand, by container volumes, Napier Port helps to build a thriving region by connecting customers and the community to global markets.

Napier Port offers a range of container, bulk cargo and cruise vessel services. In FY2018, the port managed the arrival and departure of over 680 ships, handled over five million tonnes of cargo and more than 100,000 cruise passengers.

Performance

The following information was extracted from Napier Port Holdings Limited's 2025 Nine Month Results, released 13 August 2025

HIGHLIGHTS

3rd Quarter to 30 June 2025

• Revenue for the third quarter increased 16.4% to $42.5 million from $36.5 million in the same period last year, following volume increases of 12.7% for container services and 2% for bulk cargo
• The result from operating activities increased 44.6% to $17.7 million from $12.3 million
• Underlying net profit after tax increased 75.6% to $8.4 million from $4.8 million

9 Months to 30 June 2025

• Revenue for the nine months rose 12.6% to $120.6 million from $107.1 million in the same period last year and was led by significant growth in container services revenue
• The result from operating activities increased 28.4% to $50.9 million from $39.6 million as higher revenue was supported by effective cost management
• Underlying net profit after tax increased 46.1% to $23.2 million from $15.9 million
• Reported net profit after tax increased 49.9% to $28.6 million from $19.1 million