New Zealand’s Auckland Airport annual profit slumps 31%

(Reuters) – Auckland International Airport Ltd on Thursday scrapped its final dividend and posted a 31.4% fall in full-year profit, as coronavirus-related restrictions led to fewer flights.

The country’s biggest airport operator reported an underlying profit after tax of NZ$188.5 million ($123.6 million) for the year ended June 30,

(Reporting by Yajush Gupta in Bengaluru; Editing by Devika Syamnath)