Sharechat Logo

Tranz Rail smashes record

By Ray Lilley

Friday 5th May 2000

Text too small?
Record freight levels partly offset a 73% rise in fuel prices and costs which shaved $9 million from the bottom line result of Tranz Rail for the nine months to March.

The fuel costs increase disguised the profitability improvement of the group, which generated earnings of $38.5 million for the nine months to March, up $9.2 million (31%) on the same period a year earlier.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

Chorus considers Capital Notes offer
May 5th Morning Report
KPG - Kiwi Property announces GM Corporate Services
Mainfreight Limited - Trading Conditions Update 2 May 2025
SIML - Change to Executive Team
BAI - Divestment of education group
May 2nd Morning Report
MMH - Marsden Maritime Holdings (MMH) releases Scheme Booklet
CVT - Comvita announces change to Board of Directors
TRU - Published Saudi Arabia Study Confirms TruScreen's Results