Southport up 66.8pc

Southport NZ has increased its interim dividend after reporting a 66.8 per cent profit jump and record cargo volumes.

The operator of Bluff port reported a net profit of $2.9 million in the six months to December 31.

The company predicts full-year earnings of between $4.8 million and $5.2 million.

A 5.5c-a-share dividend will be paid on March 2.