• About
  • Advertise
  • Subscribe
  • Contact
  • Events
Sunday, July 20, 2025
Newsletter
SUBSCRIBE
  • News
  • Ports
  • Rail
  • Roads
  • Airport
  • Utilities
  • Urban
  • State by state
    • NSW
    • NT
    • QLD
    • SA
    • TAS
    • VIC
    • WA
  • Events
No Results
View All Results
  • News
  • Ports
  • Rail
  • Roads
  • Airport
  • Utilities
  • Urban
  • State by state
    • NSW
    • NT
    • QLD
    • SA
    • TAS
    • VIC
    • WA
  • Events
No Results
View All Results
Home Ports

Darwin Port reports strong financial year

by Kody Cook
February 14, 2025
in Company news, Freight & Logistics, News, NT, Ports, Spotlight
Reading Time: 2 mins read
A A
container box in port shipping container logistics area. modern trade, logistics, imports and exports concept

container box in port shipping container logistics area. modern trade, logistics, imports and exports concept

Share on FacebookShare on Twitter

Darwin Port has reporting strong operating results from the 2024 financial year.  

Landbridge Darwin Port Non-Executive Director, Terry O’Connor, said that achieving a record $34.012 million in Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA), is a significant increase from the FY2023 result of $23.285 million in EBITDA. 

“This outstanding increase in EBITDA is mostly due to increased activity through Darwin Port,” Mr O’Connor said. 

The port incurred a loss before tax of $34.362 million (2023: $25.618 million) negatively impacted by non-cash accounting entries associated with intercompany debt which was due to be refinanced.  

Mr O’Connor said the underlying operations of Darwin Port have improved significantly year-on-year. 

 “Darwin Port’s China parent is in the process of refinancing an overdue corporate bond amounting to RMB 500 million ($107 million), which we expect will be settled by Q2 in 2025.” 

Additionally, the group is considering specific asset sales in China through 2025. 

“Landbridge in China has a portfolio of large infrastructure assets, and it is looking to moderate its debt, which will likely see the sale of some assets across the group. 

“Importantly, Darwin Port remains a key asset of the group noting its recent performance, continued strong growth prospects as a gateway to Asia, and its positive contribution and engagement with the local economy,” Mr O’Connor said. 

“Darwin Port remains in a strong financial position due to the significant headroom between its operating cashflows and debt service requirements along with its long-dated external debt position.”  

Related Posts

Image: Ali Matthews / Cooper Creek Homestay

Barge to bridge Birdsville Track as Cooper Creek cut

by Tim Hall
July 18, 2025

Authorities are scrambling to respond to ongoing flood damage in South Australia. A temporary barge will be deployed on the...

Image: andrii_lutsyk/stock.adobe.com 

Road improvements delivered west of Gunnedah

by Kody Cook
July 16, 2025

A $12.5 million upgrade project is now complete on the Oxley Highway, delivering safer and smoother journeys for Gunnedah motorists....

Image: Right 3/stock.adobe.com 

Inland Rail holding supplier workshops

by Kody Cook
July 16, 2025

Inland Rail is soon to host Supplier Capability Development workshops in Benalla, Euroa and Broadford to teach local businesses how...

Read our magazine

Join our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.
Infrastructure is an industry-leading magazine that brings together asset owners, statutory bodies, consulting engineers and first-tier contractors to explore the biggest news and issues across the infrastructure industry. Infrastructure is integrated across print and online and covers the latest in road, rail, airports, ports, utility and urban infrastructure.

Subscribe to our newsletter

View our privacy policy, collection notice and terms and conditions to understand how we use your personal information.

About Infrastructure

  • Advertise
  • About
  • Contact
  • Subscribe
  • Magazine
  • Events
  • Terms & Conditions
  • Privacy Collection Notice
  • Privacy Policy

Popular Topics

  • News
  • Projects
  • Transport
  • Civil Construction
  • Roads
  • Rail
  • Spotlight
  • Planning

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited

No Results
View All Results
NEWSLETTER
SUBSCRIBE
  • News
  • Ports
  • Rail
  • Roads
  • Airport
  • Utilities
  • Urban
  • State by state
    • NSW
    • NT
    • QLD
    • SA
    • TAS
    • VIC
    • WA
  • Events
  • About
  • Advertise
  • Contact
  • Subscribe

© 2025 All Rights Reserved. All content published on this site is the property of Prime Creative Media. Unauthorised reproduction is prohibited