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Financial Performance

The operating result after tax for the year ended 30 June 2016 was a profit of $14.26 million which compares to a profit of $12.03 million in the previous year.

The operating result before tax was $20.37 million for the year ended 30 June 2016 compared with $16.99 million for the previous year. This $3.38 million improvement before tax is due to the impact of asset valuation transactions which contributed $8.54 million compared to $3.23 million in the previous year.

Overall trade volume dropped during the year ending 30 June 2016, due to the ending of Zinc and Lead export from the Port of Karumba in February 2016. Excluding this, however, total trade volume increased with strong growth in Sugar and Molasses from Mourilyan and Silica Sand from Cape Flattery.

 

 




Contact Us:

Address:   Cnr Grafton & Hartley Streets, Cairns QLD Australia 4870

Postal:      PO Box 594, Cairns QLD Australia 4870

Phone:     + 61 7 4052 3888

Fax:         + 61 7 4052 3853

Email:       enquiries@portsnorth.com.au

Website:   www.portsnorth.com.au

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