New Zealand's Napier Port hits 4-1/2-year high on strong results

About this update from Napier Port Holdings Ltd

** Shares of New Zealand's Napier Port Holdings NZX:NPH rise as much as 3.8% to NZ$3.420, their highest point since May 6, 2021** Napier Port posts annual underlying net profit after tax of NZ$28.3 million ($15.95 million), a 36.5% jump from previous year** Revenue of the Napier Port operator increases 11.6% to NZ$157.7 million for full year, supported by strong container services volume growth and yield improvements across all trade areas** Declares fully imputed final dividend of 8 NZ cents per share** Around 141,000 shares change hands, nearly 1.4x 30-day average** NPH gains 37.7%, YTD($1 = 1.7740 New Zealand dollars)

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