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26 Dec 2025 17:13
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  •   Home > News > Business

    Kiwirail's posted an operating surplus of 63 million dollars - up 23 million on last year

    Kiwirail's posted an operating surplus of 63 million dollars - up 23 million on last year


    The rail and ferry company's revenue was up seven percent at nearly 682 million for the year to June.

    CEO Greg Miller says a focus on cost control and lifting the commercial performance is paying off.

    Domestic freight is up, with export freight on par with last year because of Covid-19 turmoil.

    Miller says closed borders continue to affect tourism, with revenue decreasing for Kiwirail's three scenic trains

    © 2025 Newstalk ZB, NZCity

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     Top Stories

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    Blues recruit Pita Ahki is wiser and more experienced for his time in the Northern Hemisphere More...


    BUSINESS BUSINESS
    Some good news on the horizon for cattle and sheep farmers More...



     Today's News

    Cricket:
    The local T20 Super Smash has begun in Hamilton, where the Auckland Aces made 201 for eight before rain delayed the Northern Brave's run chase ... and the match was declared a no result 17:07

    Rugby League:
    Joseph Parker's manager has revealed the pair discussed the Kiwi boxer retiring, following his defeat to Brit Fabio Wardley in London and positive drugs test 16:57

    Entertainment:
    Kourtney Kardashian hasn't had Botox injections in four years 16:50

    Entertainment:
    Chase Infiniti was named after characters in Batman Forever and Toy Story 16:20

    Cricket:
    Batter Bevon Jacobs is justifying his selection for the five T20s on the Black Caps' tour of India next month 16:17

    Entertainment:
    Zooey Deschanel "socialises" and goes on vacation with her ex-husband Jacob Pechenik 15:50

    Rugby:
    Blues recruit Pita Ahki is wiser and more experienced for his time in the Northern Hemisphere 15:27

    Entertainment:
    Macaulay Culkin ensures he regularly tells his children he is "proud" of them - because he "never got the 'p' word" growing up 15:20

    Rugby:
    A return to the Blues after 11 seasons for Pita Ahki was made possible thanks to Reiko Ioane  15:17

    Law and Order:
    A man has appeared in court today - after a suspected firearms incident in Christchurch last night 14:57


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