Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Strong LPC Financial Result Supports Port Redevelopment

LPC RESULT FOR YEAR ENDED 30 JUNE 2014

Strong LPC Financial Result Supports Port Redevelopment

Lyttelton Port of Christchurch (LPC) is focused on building a solid future for the Company and its stakeholders. It is in a strong financial position to fund the Port’s redevelopment. The Company had good volume growth and has produced a solid financial result, with increased operating revenue and a final settlement with its insurers of its earthquake related claims. This was achieved in an environment with significantly earthquake damaged infrastructure.

“The Port’s rebuild is integral to the recovery of the region,” said LPC Chairman Trevor Burt. “The release in June 2014 of the Port Lyttelton Plan (PLP), our vision for the future, was the first step in the journey with the community and stakeholders to produce and implement a recovery plan. The Board wishes to sincerely thank our customers, business partners and all our team, contractors and advisors for their support during the last year.”

Full results: NZX_Release__LPC_Result_for_year_ended_30_June_2014_1.pdf

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Business Research And Development Up 29 Percent

Computer services and machinery manufacturing firms led the way in an almost 30 percent lift in business spending on research and development (R&D) in 2016, Stats NZ said today. Businesses spent $1.6 billion on R&D in 2016, up $356 million (29 percent) from 2014. More>>

ALSO:

China Shopping: NZ-China FTA Upgrade Agreed Among Slew Of New Deals

New Zealand Prime Minister Bill English and China Premier Li Keqiang signed off a series of cooperation deals spanning trade, customs, travel and climate change and confirmed commencement of official talks on an upgrade to the nine-year old free-trade agreement between the two countries. More>>

ALSO:

Media: TVNZ Flags Job Cuts To Arrest Profit Decline

Chief executive Kevin Kenrick said the changes were aimed at creating "a sustainable future video content business for TVNZ in an ever-changing media market." More>>

ALSO:

Reserve Bank: Wheeler Keeps OCR At 1.75%

Reserve Bank governor Graeme Wheeler kept the official cash rate unchanged at 1.75 percent, as expected, and reiterated his view that the benchmark rate doesn't need shifting for the foreseeable future. More>>

ALSO:

Trade Plans: Prime Minister's Speech To International Business Forum

"The work to improve public services, build infrastructure, and solve social problems is possible only because we have enjoyed sustained, solid economic growth. A big reason for that is the Government’s consistent agenda of economic reform, and our determination to open up more opportunities for trade with the world." More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news