Ann: FORECAST: SPN: South Port's Updated Profit Guidance

• Release Date: 03/07/14 15:40
• Summary: FORECAST: SPN: South Port's Updated Profit Guidance
• Price Sensitive: No
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					SPN
03/07/2014 15:40
FORECAST

REL: 1540 HRS South Port New Zealand Limited (NS)

FORECAST: SPN: South Port's Updated Profit Guidance

3 July 2014

South Port Updates Profit Guidance

At the time of the release of South Port New Zealand Limited's interim result
in February 2014 earnings for the full year to 30 June 2014 were forecast to
be in the range of $5.8M -$6.0M.  As a result of stronger final quarter cargo
flows the Company now expects its 2014 full year Net Profit After Tax to be
similar to the previous year's level of $6.5M (30 June 2013).  The Company's
audited 2014 year end result will be released on 20 August 2014.

FOR FURTHER INFORMATION PLEASE CONTACT:

Mr Mark O'Connor
Chief Executive
Tel:  03 212 8159
Mob:  0272 560 407

Mr Rex Chapman
Chairman
Mob: 027 454 8455
End CA:00252407 For:SPN    Type:FORECAST   Time:2014-07-03 15:40:40