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2010 October 26   07:45

New Zealand's largest export port of Tauranga sees 2010/11 earnings in range of $38.3 mln to $39.8 mln

New Zealand's largest export port said on Tuesday that it expected to post full year earnings within analysts' expectations amid an uncertain economic outlook.
"Provided there are no significant market changes, we expect to achieve full year earnings in the current range of analyst forecasts which between NZ$51 to NZ$53 million ($38.3 million to $39.8 million)," chief executive Mark Cairns told the company's annual meeting.
It said its next profit for the first three months was up around 10 percent on a year ago while container traffic was 25 percent higher.

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