GAIN IN NET REVENUE.
NEW ZEALAND RAILWAYS
£72,400 IN TWENTY-EIGHT WEEKS. (By Telegraph.—Press ' Association.) WELLINGTON, this day. In the four weeks ended October 15 the net revenue of the railways improved by £7566 compared with the corresponding four w-jeks of last year, said the acting-general manager, Mr. G. H. Mackley, in a statement torday. This, added to previous gains, made a total improvement of £72,400 in net revenue for the financial year to date.
Compared with last year's .returns, for the corresponding term, the total, revenue since April 1 has been £3,031,624, and total expenditure £2,790,580, showing a net revenue of £241,044, compared with £168,644 in the first 28 weeks of last financial year.
Although the gross revenue in the last lour weeks fell by £25,000, expenditure was reduced by £32,000, resulting in the net gain of over £7000.
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Bibliographic details
Auckland Star, Volume LXIII, Issue 263, 5 November 1932, Page 9
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139GAIN IN NET REVENUE. Auckland Star, Volume LXIII, Issue 263, 5 November 1932, Page 9
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