Tuesday, 24 June 2025
August 31, 2022
Auckland Council-owned Ports of Auckland has slumped to a $10.3 million loss for the year to June 30, 2022 thanks to the write-off on its failed automated container terminal project.
The port company has written-off $63.1 million after axing the troubled six-year automation project officially in June.
The $10.3 million loss for the year compares with a $45.57 million profit a year ago.
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