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Maroc Maroc - RAILEXPRESS.COM.AU - A La Une - 05/Mar 22:49

Slow economy impacts KiwiRail with $15.1m drop in revenue

KiwiRail said an economic downturn eat into its earnings in the last six months of 2024. Image: KiwiRailKiwiRail has reported a $15.1m drop in services external operating revenue in the six months to 31 December 2024.   The New Zealand operator said the fall in its bottom line reflects a subdued domestic economy, changing import flows, a delayed lift in seasonal export volumes and the impact of one-off network outages.  Services external operating […] The post Slow economy impacts KiwiRail with $15.1m drop in revenue appeared first on Rail Express.

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