REVENUE INCREASE.

Auckland Star, Volume LXVIII, Issue 299, 17 December 1937, Page 11

REVENUE INCREASE.

£18,300 PROFIT FOR MONTH.

LOSS ON" SOUTH ISLAND LINES,

(From ♦ur Correspondent.)

WELLINGTON, Thursday.

Compared with the results fur the corresponding period last year, the net railway revenue for the four weekly period ended November 13, shows an improvement of £8034. A working profit of £18,373 compares with a profit of £10.339.

The railway working account for the period shows the gross receipts to have been £014,180, an increase of £68,122 on the figure last year. Expenses ( £59.3,807) were £00,088 higher.

Earnings by the North island railways were £331,302, an increase of £45,211, and expenses were £323,457, or £.'5!).028 higher. There was a profit of £793.), compared with one of £1752 last year. Receipts from the South Island railways were £204,844, an inc:vase of £10,398, and expenses were £223.503, or £14,841 higher. There was a working loss of £18,719, compared with a loss of £14.270.

For the period from April 1 to November 13 the ret revenue was £170,405, as against £357.191 last year, the decrease being £180,783. The gross revenue was £4,994,040, an increase of £025,012. The expenditure waa £4,823,990, compared with £4,012,201, an increase of £811,795.