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© South Port 2021. Website by Market South

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ABOUT US & OUR PEOPLE
Communication Centre
22 Sep 2021
2021 Notice of Annual Meeting

Notice is hereby given that the 33rd Annual Shareholders' Meeting of South Port New Zealand Limited will be held in the Board Room, South Port, on Friday, 29 October 2021 commencing at 11:00 am (NZST).

27 Aug 2021
Cargo surge and hard work lifts South Port

South Port has achieved a record after-tax profit of $10.71 million for the year ended 30 June 2021, which is a 13.6% increase on the $9.43 million recorded in 2020. This result is slightly ahead of the guidance provided in the Company's 2021 Interim Report, released on 8 March.

20 Jul 2021
COVID-19 Update on Mattina Container Ship Crew

South Port has this morning been informed by Pubic Health South that a further seven crew members have returned a positive test for COVID-19.

19 Jul 2021
Matinna Container Ship Crew Test Positive for COVID-19

On Friday, 16 July 2021 South Port was informed by Public Health South that two crew members onboard the Mattina container ship, scheduled to arrive at Bluff, were showing flu-like symptoms and as a precaution had been isolated from the rest of the crew.

15 Mar 2021
South Port Purchases new tug

South Port New Zealand Limited has entered into an NZD 9.4 million contract with European-based Damen for the delivery of an Azimuth Tractor Drive Tug to operate at its Bluff Port.

12 Feb 2021
South Port accelerates into 2021

South Port has recorded a strong start to the 2021 financial year due to an excellent operational performance.

29 Oct 2020
South Port's 2020 Annual Shareholders' Meeting

The benefits of diversification were highlighted in a COVID-19 affected year, shareholders of South Port New Zealand Limited (South Port) were told at the Company’s Annual Shareholders’ Meeting at Bluff today.

22 Sep 2020
Notice of Annual Meeting 2020

Notice is hereby given that the 32nd Annual Shareholders’ Meeting of South Port New Zealand Limited (NZBN 9429039452528) will be held online at www.virtualmeeting.co.nz/SPN20 and in person in the South Port Board Room, Administration Building, Island Harbour, Bluff on Thursday, 29 October 2020 commencing at 11:00 am (NZST).

28 Aug 2020
Potential Entrance Channel Improvement Project under consideration by South Port

South Port New Zealand Limited (South Port) is undertaking an investigation into the deepening of its entrance channel by removing some higher areas that currently limit channel width and depth.

27 Aug 2020
South Port Year-end pleasing despite impacts of COVID-19

The results for the year ending 30 June 2020 for South Port New Zealand Limited (South Port) were pleasing but also reflect the unavoidable effects of the nationwide Alert Level 4 lockdown, including some unexpected offsets.

27 Jul 2020
Annual Meeting Director Nominations 2020

South Port New Zealand Limited (South Port) intends to hold its next Annual Meeting of Shareholders on Thursday, 29 October 2020 in Bluff commencing at 11:00 am.

9 Jul 2020
South Port Statement on NZAS Tiwai Point Aluminium Smelter Closure

The closure of NZAS Tiwai Smelter in August 2021 will be a major loss to the regional economy.

26 Jun 2020
South Port - Updated Trade and Profit Guidance

On 27 March South Port provided a Covid-19 Pandemic update when the Company made a slight adjustment to its profit guidance advising that it was now expected that full year earnings would be at the lower end of the previous estimated profit range of $8.2M to $8.7M or slightly less. Further updates were to be provided if there were any material changes.

27 Mar 2020
Covid-19 Pandemic Update

South Port is classified as an essential service and continues to operate under the Covid-19 Level 4 restrictions announced by the Government on 25 March 2020.

13 Feb 2020
South Port half-year highlights diversity

South Port New Zealand Ltd has followed up its excellent 2019 performance with a steady result for the first six months of FY2020 ending 31 December 2019; recording a net profit after tax of $4.6 million consistent with the previous corresponding period in FY2019.

8 Nov 2019
Rio Tinto review warrants attention

South Port New Zealand Limited has urged the Government to recognise the risk represented by Rio Tinto’s strategic review of the viability and competitive position of the New Zealand Aluminium Smelter (NZAS).

25 Sep 2019
Notice of Annual Meeting 2019

Notice is hereby given that the 31st Annual Meeting of the shareholders of South Port New Zealand Limited will be held in the South Port Board Room, Administration Building, Island Harbour, Bluff on Friday, 8 November 2019 at 11.00 am.

29 Aug 2019
Rising trades carry South Port to record year

A steady level of bulk cargo and increased container activity were key contributors to another record year for South Port New Zealand Limited in the period ending 30 June 2019.

23 May 2019
Transition to Revised NZX Listing Rules

Transition to revised NZX Listing Rules South Port New Zealand Limited advises that it intends to comply with the new NZX Listing Rules from 30 June 2019.

15 Feb 2019
Invercargill City Council discontinues High Court Proceedings against South Port

On 18 December 2017 South Port disclosed that the Invercargill City Council had commenced High Court proceedings against the Company seeking legal title in relation to three parcels of Bluff land owned by the Company.

11 Feb 2019
South Port's half year result eases

The operating performance for the half year was strong with total revenue increasing by 7.4% to $20.90 million. However increased repairs and maintenance, including the scheduled five yearly dry docking of the tug Hauroko ($838K expenditure) led to a reduction of 7.1% in net profit after tax.

25 Oct 2018
South Port forecasts steady trade - 2018 Annual Meeting

Having marked its 30th anniversary with a record after tax profit of $9.66 million, a million dollars higher than the prior year, South Port New Zealand Ltd told shareholders attending today’s Annual General Meeting held at Bluff, the importance of its diversified trade.

19 Sep 2018
Notice of Annual Meeting 2018

Notice is hereby given that the 30th Annual Meeting of the shareholders of South Port New Zealand Limited will be held in the South Port Board Room, Administration Building, Island Harbour, Bluff on Thursday, 25 October 2018 at 11.00 am.

23 Aug 2018
Bulk cargo growth drives South Port ahead

South Port New Zealand Ltd’s reported after-tax profit for the June 2018 year is $9.66M, up 14% on last year’s result of $8.45M.

annual reports

2021
2020
2019
2018
2017
2016
2015
2014
2013
2012

interim reports

2021
2020
2019
2018
2017
2016
2015
2014
2013

Audit Disclaimer

Matters relating to the electronic representation of the audited financial statements.

This audit report relates to the financial statements of South Port New Zealand Limited for the year ended 30 June 2021 included on South Port New Zealand Limited’s website. South Port New Zealand Limited is responsible for the maintenance and integrity of the website. We have not been engaged to report on the integrity of the South Port New Zealand Limited’s website. We accept no responsibility for any changes that may have occurred in the financial statements since they were initially presented on the website.

The audit report refers only to the financial statements named above. It does not provide an opinion on any other information which may have been hyperlinked to/from these financial statements. If readers of this Report are concerned with the inherent risks arising from electronic data communication they should refer to the published hard copy of the audited financial statements and related Audit Report dated 27 August 2021 to confirm the information included in the audited financial statements presented on this web site.

Legislation in New Zealand governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Michael Lee on behalf of the Auditor General, Invercargill, New Zealand

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