Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
KiwiRail posts $73.4M surplus, up from $25.8M, on higher freight, efficiency gains, and improved reliability.
KiwiRail reported a $73.4 million half-year operating surplus, up from $25.8 million the prior year, driven by a 7% rise in freight volumes and improved efficiency.
Revenue grew 4% to $537 million, while costs fell 6% to $464.4 million.
The gains stem from infrastructure investments, upgraded rolling stock, better asset management, and enhanced reliability, including 100% network performance during the holiday period.
The company remains on track for a full-year surplus of $160 million, though future budget cuts of $200 million loom.
9 Articles
KiwiRail presenta un excedente de 73,4 millones de dólares, frente a los 25,8 millones de dólares, gracias a un mayor transporte de mercancías, mejoras en eficiencia y mayor fiabilidad.