Larry Williams Drive

Auckland Airport CEO Carrie Hurihanganui: There's a number of elements causing the decline in profit

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Sinopsis

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 by 68.4 per cent to $88.2m. The company's earnings per share fell by 84.1 per cent to 1.91 cents. Auckland Airport said its net underlying loss for the half came to $10.5m. CEO of Auckland Airport Carrie Hurihanganui joined Heather du Plessis-Allan Drive to discuss its decline in profit. LISTEN ABOVESee omnystudio.com/listener for privacy information.