Shareholders in Marsden Maritime Holdings (NZSE:MMH) Face Losses Over Three-Year Period

Shareholders of Marsden Maritime Holdings (NZSE:MMH) have experienced a decline in their investments over the past three years. The company's share price has fallen by 43.59% since October 2021, leaving investors with significant losses. This article explores the factors contributing to this decline and examines the company's financial performance during this period.


One of the primary factors contributing to the decline in Marsden Maritime Holdings' share price is the company's earnings performance. The company's earnings per share (EPS) have fallen by 22.86% over the past year, and by 40.63% over the past five years. This decline in earnings has negatively impacted the company's share price, as investors have become less confident in the company's ability to generate profits.


Another factor contributing to the decline in Marsden Maritime Holdings' share price is the impact of unusual items on the company's profit. During the last twelve months, statutory profit was reduced by NZ$3.0m due to unusual items. While these items are often one-off in nature, they have significantly weakened the company's statutory profit, making it appear weaker than it would otherwise be.


Despite these challenges, Marsden Maritime Holdings has maintained a stable share price over the past three months, with an average weekly movement of 3.2%. This stability suggests that investors remain optimistic about the company's long-term prospects, despite the recent decline in earnings.

In conclusion, shareholders of Marsden Maritime Holdings have experienced significant losses over the past three years, primarily due to the company's declining earnings and the impact of unusual items on its profit. However, the company's stable share price over the past three months suggests that investors remain confident in its long-term prospects. As the company continues to navigate the challenges of the global and New Zealand economies, investors should closely monitor its financial performance and the impact of unusual items on its profit.