Auckland Airport half year profit plunges 80 per cent [NZH, 18/02/21]

Auckland International Airport said Covid-19 travel restrictions were responsible for an 80.9 per cent decline in its net profit to $28.1 million for the six months to December 31. The company, in its earnings outlook for the full year to June 30, said it expects to report a net loss of between $35m and $55m. Revenue for the six months fell by 64.9 per cent to $131.5m and its operating profit dropped … Continue reading Auckland Airport half year profit plunges 80 per cent [NZH, 18/02/21]