18 September 2012 Aus & New Zealand

NEW ZEALAND: GOOD KIWIRAIL RESULTS

KiwiRail has reported revenue growth of 7.2% or almost NZ$50 million. Freight income rose 15% (approximately $60 million) and Ebitda is up 14%. Operating surplus before major one-off items, depreciation and grant income decreased by 2.6% to just under $105 million. Parts of KiwiRail are still af

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