The company which is into the business of managing the country's southern most port, South Port New Zealand, has raised its profit forecasts.

It said that the reason for the same is increase in volumes of logs that have been exported to China. Besides this, what was more important was that it started receiving normal output from Tiwai Aluminium Smelter.

The company said that it wants its full-year profits to surpass $3.5 million and become $3.9 million for the results of 2010. South Cargo is his statement also said that total cargo volume for the first five months of the year was at 1.09 million tons which is way ahead of 820,000 tons for last year.

It also said that while Chinese demand push is there normal levels at NZAS Tiwai Aluminium Smelter, are also playing an important role.

The company is now going to make its new forecast that is going to appear in February. Even after such positive results, the shares of the company remained unchanged. They had gone down by 7 per cent this year itself.

One must remember that smelter is only a part of the total explosion.