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KiwiRail reports a lower $25.8M operating surplus amid economic challenges and disruptions.
KiwiRail, New Zealand's national rail operator, reported a $25.8 million operating surplus for the first half of 2024, down from $40.5 million last year, due to a slow economy and various disruptions.
Despite challenges like the closure of Winstone Pulp International and delays from Cyclone Gabrielle, KiwiRail made progress on its transformation plan and safety improvements.
The company aims to attract more freight and improve service as the economy recovers.
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KiwiRail reporta un superávit operativo de 25,8 millones de dólares más bajo en medio de problemas económicos y perturbaciones.