Full year profit

Wellington airport reports strong full year profit

For the 12 months to the end of March the company and its subsidiaries made a net profit of $28.9 million, up almost 23 percent on last year.

Revenue was also up just over 6 percent to $146.m, due to a boost in retail and trading activities.

However, the company said the Covid-19 restrictions have had a significant impact on business, the magnitude of which remains uncertain.

In its annual report it outlined a number of cost-cutting measures it had implemented.