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flag KiwiRail reports a lower $25.8M operating surplus amid economic challenges and disruptions.

flag 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. flag Despite challenges like the closure of Winstone Pulp International and delays from Cyclone Gabrielle, KiwiRail made progress on its transformation plan and safety improvements. flag The company aims to attract more freight and improve service as the economy recovers.

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